Amazon Trims 14,000 Corporate Roles Ahead of Feb Earnings
TL;DR Summary
Amazon is reportedly cutting about 14,000 corporate jobs ahead of its Feb. 5 earnings release, targeting AWS, Prime Video, and HR; the cuts would remove roughly 10% of Amazon’s corporate staff (out of 1.58 million employees) as part of a ongoing automation push, continuing a trend after 2022–2023 layoffs, while the company remains a major employer and analysts maintain a Strong Buy view on AMZN.
- Amazon (AMZN) to Cut 14,000 Jobs Ahead of Earnings on Feb. 5 TipRanks
- Exclusive: Amazon plans thousands more corporate job cuts next week, sources say Reuters
- Amazon staff cope with looming layoffs by roasting Jeff Bezos' '2-pizza rule' Business Insider
- Amazon to cut thousands of jobs in sweeping corporate layoffs Fox Business
- Sweeping Amazon layoffs slated for next week, reports say The Seattle Times
Reading Insights
Total Reads
1
Unique Readers
4
Time Saved
14 min
vs 15 min read
Condensed
98%
2,940 → 65 words
Want the full story? Read the original article
Read on TipRanks