How many jobs is Amazon cutting in its latest layoff round?

Amazon is cutting an additional 16,000 jobs, bringing the total number of layoffs to 30,000 worldwide.

What is the reason behind Amazon's job cuts?

The company is restructuring to strengthen its organization by reducing management layers, increasing ownership, and removing bureaucracy.

Which Amazon divisions are affected by these job cuts?

The cuts are expected to be felt across the company, including at Prime Video and Amazon MGM Studios.

Home / Business and Economy / Amazon Cuts Another 16,000 Jobs: What's Next?

Amazon Cuts Another 16,000 Jobs: What's Next?

28 Jan

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Summary

Amazon announced an additional 16,000 job reductions, totaling 30,000 layoffs.
The company aims to reduce management layers and bureaucracy.
Cuts will impact areas like Prime Video and Amazon MGM Studios.

Amazon Cuts Another 16,000 Jobs: What's Next?

Amazon has announced significant workforce reductions, with another 16,000 jobs being cut. This latest round of layoffs follows an earlier reduction of 14,000 positions in October, bringing the total number of affected employees to 30,000 worldwide.

These organizational changes are part of an ongoing effort to strengthen the company by reducing management layers and removing bureaucratic processes. While these cuts are substantial, Amazon has indicated that this does not represent a new recurring pattern of mass layoffs.

Impacted areas are expected to include divisions such as Prime Video and Amazon MGM Studios. The company emphasized that it will continue to hire and invest in critical strategic areas as it navigates a rapidly changing global landscape.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.