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.
Amazon is laying off 16,000 corporate employees. Internal messages show that many of the affected employees had software engineering roles.
The latest round of terminations follows another mass layoff by the company in October last year, where around 14,000 workers were let go.
Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the ecommerce company, made the announcement Wednesday in a blog post. The cuts follow a round of job cuts in October, when Amazon laid off 14,000 workers.
This is Amazon's second layoff after the company cut 14,000 corporate jobs in October.
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.
Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" at the company.
Amazon has cut approximately 30,000 jobs in the past four months, with an additional 16,000 layoffs announced Wednesday.
Estimates place Texas 3rd in the nation for Amazon workforce size.