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Amazon plans thousands more job cuts next week – report

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According to Reuters, Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers. The company in October cut some 14,000 white-collar jobs, about half of the 30,000 target.

The report stated that the total number to be retrenched this time is expected to be roughly the same as last year and could begin as soon as Tuesday, the people said, who asked not to be identified because they were not authorized to discuss Amazon’s plans.

The report said that jobs in the company's Amazon Web Services, retail, Prime Video, and human resources, known as People Experience and Technology, units are slated to be affected, the people said, though the full scope was unclear.

The report added that Amazon is not doing this because of financial crises or debts involved, or AI-driven, but it is because of too much bureaucracy.

In addition to the report, corporations are increasingly using AI to write code for their software and adopting AI agents that automate routine tasks, as they look to save costs and cut reliance on people. Amazon touted its latest AI models during its annual AWS cloud computing conference in December.

Source: PNA/ AZERTAC

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