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News  ›  Benzinga

Amazon To Cut Up To 30,000 Jobs, Largest Layoff In Company History

Benzinga Logo Benzinga By Erica Kollmann
Amazon To Cut Up To 30,000 Jobs, Largest Layoff In Company History

Amazon plans to cut up to 30,000 corporate jobs across multiple divisions, representing nearly 10% of its corporate workforce, as part of a cost-reduction and operational efficiency strategy led by CEO Andy Jassy.

Insights
AMZN   negative

Large-scale job cuts indicating financial challenges, operational restructuring, and potential workforce disruption