Key Takeaways
- Amazon plans to cut up to 30,000 corporate jobs starting Tuesday
- This represents nearly 10% of Amazon’s corporate workforce
- Would be the largest job cut since 27,000 positions were eliminated in late 2022
Amazon is preparing to eliminate as many as 30,000 corporate positions beginning Tuesday, according to three sources familiar with the company’s plans. The massive job cuts come as the tech giant works to reduce expenses and address overhiring that occurred during peak pandemic demand.
The planned layoffs represent a small percentage of Amazon’s total 1.55 million employees worldwide. However, they would affect nearly 10% of the company’s approximately 350,000 corporate employees.
If implemented, this would mark Amazon’s largest workforce reduction since the company cut around 27,000 jobs beginning in late 2022. An Amazon spokesperson declined to comment on the reported job cut plans.
