Amazon will lay off 30,000 corporate employees this week, its biggest cut since 2022, as CEO Andy Jassy drives AI-led efficiency and cost reductions.
Amazon is set to cut 14,000 managerial jobs by early 2025 as part of a cost-cutting drive, reducing bureaucracy and streamlining operations.
Amazon founder and CEO Jeff Bezos on Tuesday announced his transition to the role of the executive chairman in the third quarter of this year. He...