Sources say Amazon plans to cut 30,000 corporate roles

KANIKA SINGH RATHORE,

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Amazon Is Allegedly Preparation to eliminate 30,000 corporates Rolewith job cuts expected to start at Tuesday,

E-commerce giant aims to reduce expenses and address overhiring pandemicThat’s extreme demand, according to three sources familiar with the matter.

This figure is a small fraction of Amazon’s total of 1.55 million. EmployeeThat represents about 10 percent of its approximately 350,000 corporate employees.

Such cuts would be the largest at Amazon since the end of 2022, when 27,000 jobs were eliminated.

An Amazon spokesperson declined to comment.

The cuts, which begin this week, could affect a variety of divisions within Amazon, including human resources, equipment and services, and operations.
The cuts, which begin this week, could affect a variety of divisions within Amazon, including human resources, equipment and services, and operations. ,AP Photo/Mark Lenihan,

Amazon has been cutting small numbers of jobs over the past two years across several divisions, including devices, communications, podcasting and others.

The cuts, which begin this week, could affect a variety of divisions within Amazon, including human resources, known as People Experience and Technology, devices and services, and operations, the people said.

Managers of the affected teams were asked to undergo training on Monday on how to communicate with employees after the notification, which will begin going out via email on Tuesday morning, the people said.

Amazon CEO Andy Jassy is leading an initiative to reduce bureaucracy at the company, which also includes reducing the number of managers.

He said earlier this year that he had set up an anonymous complaint line to identify inefficiencies, which has drawn nearly 1,500 responses and more than 450 process changes.

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JC said in June that the increased use of artificial intelligence tools is likely to lead to further job cuts, particularly through automating repetitive and routine tasks.

The full scope of this round of job cuts was not immediately clear. People familiar with the matter said that number could change over time, as Amazon’s financial priorities change.

Fortune previously reported that the human resources division could be targeted with cuts of about 15%.

Amazon shares were up 1.2 percent at $226.80 on Monday afternoon. The company plans to report third-quarter earnings on Thursday.

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