Amazon to cut 16,000 jobs worldwide
The Hindu
Amazon said Wednesday it will cut 16,000 jobs worldwide as the company tries to streamline amid its major push into AI
US online retail and cloud computing giant Amazon said Wednesday it will cut 16,000 jobs worldwide as the company tries to streamline amid its major push into AI.
The job cuts, which follow already flagged plans to trim its workforce by 14,000 posts, were aimed at "reducing layers, increasing ownership, and removing bureaucracy," senior vice president Beth Galetti said in a statement.
Media reports from October had said the roughly 30,000 job cuts planned in total would comprise nearly 10 percent of the 350,000 office jobs at Amazon. They would not affect the distribution and warehouse workers that make up the bulk of the company's 1.5 million employees.
Amazon did not give any breakdown of the latest cuts or specify which divisions would be affected, saying only that "every team will continue to evaluate the ownership, speed, and capacity to invent for customers, and make adjustments as appropriate."
The company will release its full-year 2025 results on February 5. In its last quarterly earnings statement in October, the company said it spent $1.8 billion on severance costs tied to planned job cuts.
Amazon said new positions will be offered to employees where possible.
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