
Amazon Plans To Axe 30,000 Corporate Jobs, Cuts Begin Tuesday

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Amazon is set to cut approximately 30,000 corporate jobs, starting tomorrow, which represents about 10% of its corporate workforce of 350,000. This move aims to reduce costs and address overhiring during the pandemic. If confirmed, it would be Amazon's largest layoff since late 2022 when 27,000 jobs were cut. Following the news, Amazon's shares fell, reversing earlier gains.
