Core Insights - Amazon plans to lay off up to 30,000 corporate employees, marking the largest wave of layoffs in the company's history [1][2][3] - This layoff would affect nearly 10% of Amazon's corporate workforce, which is part of a broader trend of job cuts in the tech industry [3][4] - The layoffs come after Amazon previously cut 27,000 jobs in late 2022 and early 2023, as the company seeks to streamline operations amid rising costs and inflation [2][4] Company-Specific Summary - The upcoming layoffs are expected to begin as early as October 28, 2025, and would represent a significant reduction in Amazon's corporate ranks [2][3] - Amazon's overall workforce exceeds 1.55 million, indicating that the layoffs, while substantial, represent a small fraction of the total employee base [3] - The company has been conducting smaller layoffs since 2023, including cuts in its cloud computing division [2][3] Industry Context - The tech industry has seen significant layoffs this year, with major companies like Microsoft, Google, and Meta also announcing job cuts [3][4] - The layoffs are occurring alongside increased spending in AI infrastructure, with Amazon's capital expenditures projected to exceed $100 billion in 2025 [10] - The trend of layoffs is partly attributed to a shift towards AI, which may reduce the need for certain roles while creating demand for new types of jobs [9][10]
Amazon may lay off 30,000 corporate employees