Amazon to Lay Off Up to 30,000 Corporate Employees, Reuters Reports
Amazon is positioned to lay off as many as 30,000 corporate employees this week, according to Reuters. If confirmed, the cuts would represent roughly 10% of Amazon's corporate workforce and could begin as early as Tuesday. The move comes ahead of the company's upcoming quarterly results and underscores a broad effort to tighten costs across the ecommerce giant, which is led by CEO Andy Jassy. The planned layoffs reflect ongoing efficiency measures as Amazon recalibrates its corporate structure to invest in core businesses, technology platforms, and long-term growth initiatives. Analysts will be watching for the impact on revenue, margins, and employee morale as the company navigates a complex economic climate.