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Amazon plans to cut as many as 30,000 corporate jobs starting Tuesday morning, according to a new report from Reuters that cites three unnamed people familiar with the matter.
Amazon has 1.5 million employees globally (1.2 million in the U.S.), but about 350,000 of those are corporate positions, according to Reuters. Cutting 30,000 corporate jobs represents almost 9% of Amazon’s total corporate positions.
The Reuters report cited overhiring from the pandemic as the impetus of the cuts, but…
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Amazon plans to cut as many as 30,000 corporate jobs starting Tuesday morning, according to a new report from Reuters that cites three unnamed people familiar with the matter.
Amazon has 1.5 million employees globally (1.2 million in the U.S.), but about 350,000 of those are corporate positions, according to Reuters. Cutting 30,000 corporate jobs represents almost 9% of Amazon’s total corporate positions.
The Reuters report cited overhiring from the pandemic as the impetus of the cuts, but…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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