Amazon cuts 16,000 jobs in latest round of layoffs
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Amazon announced 16,000 corporate layoffs on Wednesday. Executives say it aims to transform into the 'world's largest startup' with a cultural reset.
Amazon is laying off 16,000 employees, the company’s second round of massive job reductions in two months as it fights to improve its standing in the battle for AI supremacy.
An early alert left impacted employees in the dark.
SAN FRANCISCO, Jan 27 (Reuters) - Amazon (AMZN.O) on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and team-wide meeting invitation hours early.
This is Amazon's second layoff after the company cut 14,000 corporate jobs in October.
Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" at the company.
Estimates place Texas 3rd in the nation for Amazon workforce size.