Big Tech Bombs

Amazon confirms 16,000 more corporate job cuts

Amazon · · Layoffs

Amazon said it was cutting about 16,000 more corporate roles, bringing the total since October to about 30,000. A senior vice president announced it in a blog post, saying the aim was to reduce layers and move money toward AI. US staff were given 90 days to look for internal roles.

Why it counts

The second round in four months, announced in the same quarter the company reported profits up nearly 40%.

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