WASHINGTON — Amazon is set to announce a new round of major job layoffs, multiple media outlets reported Monday afternoon.
According to Reuters, Amazon plans to cut as many as 30,000 corporate jobs starting on Tuesday. The outlet cited three people familiar with the matter.
While that figure would represent a small percentage of Amazon’s 1.55 million total employees, it would be nearly 10% of the company’s roughly 350,000 corporate employees.
CNBC also confirmed sweeping job cuts at the e-commerce giant would be coming, with a source telling the outlet the layoffs will amount to the largest cuts to Amazon’s corporate workforce in the company’s history.
A source told CNBC the company was expected to begin telling employees via email on Tuesday morning.
Up until 2022, mass layoffs had been rare at the Seattle-based company. Since then, there have been a few rounds of job eliminations impacting thousands. In 2023, the company cut some 27,000 jobs, according to Associated Press reporting.
Earlier this year, Amazon CEO Andy Jassy said he believed generative artificial intelligence would reduce the company’s corporate workforce in the next few years as the online giant begins to increase its usage of the technology.
Like other tech companies, including Facebook parent Meta and Google parent Alphabet, Amazon ramped up hiring during the pandemic to meet the demand from homebound Americans that were increasingly buying stuff online to keep themselves safe from the virus. But demand slowed as the worst of the pandemic eased.
The Associated Press contributed to this report.
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