Amazon has announced plans to cut as many as 30,000 corporate jobs, starting from Tuesday
As reported by Reuters, this expense-cutting measure aims to rectify the overhiring during the pandemic-era.
These planned job cuts will affect nearly 10 percent of Amazon’s 350,000 corporate roles, marking the company’s largest layoff since 2022, when it sacked around 27,000 employees.
No further details are known yet as Amazon refused to comment on the layoff.
Over two years, Amazon has been involved in cutting back the smaller number of jobs belonging to multiple divisions.
The cuts are expected to affect key areas like human resources known as People Experience and Technology or PXT, Amazon Web Services, and operations.
The company will inform the staffers through email on Tuesday.
Being the nation’s second-largest private company, it staffs more than 1.54 million warehouse employees globally as of the end of the second quarter. Roughly, it comprises roughly 350,000 corporate employees.
According to Layoffs.fyi, the Amazon-based job cut will be the biggest one across the tech market.
Moreover, other tech giants are also involved in laying off people. Meta, earlier this week, cut back around 600 jobs in the AI unit.
Google has eliminated more than 100 design-related roles in its cloud unit this month. Microsoft, this year, laid off around 15,000 workers.