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Amazon Prepares to Cut Up to 30,000 Jobs This Week. Here's What the Company's Largest Layoff in History Could Mean for the Future.

The Motley Fool Logo The Motley Fool By Joe Tenebruso
Amazon Prepares to Cut Up to 30,000 Jobs This Week. Here's What the Company's Largest Layoff in History Could Mean for the Future.

Amazon plans to eliminate up to 30,000 corporate jobs, representing nearly 10% of its corporate workforce, driven by cost-cutting measures and AI integration strategies under CEO Andy Jassy's leadership.

Insights
AMZN   negative

Large-scale job cuts indicating potential financial challenges and restructuring efforts