Amazon Cuts 14,000 Corporate Jobs
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Amazon plans 15% HR cuts-should workers worry?
Amazon is embarking on a significant restructuring effort, planning to cut 15% of its HR workforce. This move, part of a broader wave of layoffs affecting HR and other teams, is being overseen by CEO Andy Jassy.
According to people familiar with the matter, this rather unorthodox strategy of laying off employees was to ensure that people did not show up to work to find that their access badges no longer functioned.
Amazon plans to cut up to 30,000 corporate jobs, unveiling its strategy to reduce expenses after overhiring during the pandemic. Andy Jassy's initiative focuses on eliminating bureaucracy and leveraging AI for productivity gains.
The Amazon layoff rumors suggest that 15% of the company’s global People Experience and Technology division (PTX) could soon be cut.
Amazon is set to slash thousands of corporate jobs starting Oct. 28, according to multiple reports. The impending corporate layoffs amount to the largest such job reduction in the company's history, CNBC and Reuters reported, citing anonymous sources.
Amazon is planning to cut 14,000 jobs as part of a larger strategy using AI to streamline operations. The move is an attempt to correct over-hiring during the pandemic. Employees across divisions will be affected,
Company executives said automation would allow the company to sell twice as many products within 10 years, without adding to its U.S. workforce.
Amazon plans to cut up to 30,000 office jobs - Reuters. Meta, Snap, TikTok to comply with Australia’s under-16 social media ban. Strategy gets junk credit rating from S&P.