Amazon cuts 700 jobs in NYC alone on quest to streamline by slashing 30,000 positions

Core Insights - Amazon has laid off 660 employees in Manhattan as part of a larger restructuring effort, with significant cuts occurring at two main office locations [1][2][4] - The layoffs are primarily focused on corporate roles, particularly in technology, and do not affect warehouse or delivery workers [3][7] - The company is planning to eliminate a total of 30,000 corporate jobs globally, representing about 9% of its office-based workforce [4] Group 1: Layoff Details - The layoffs included 233 positions at Amazon's 450 W. 33rd St. office and 182 positions at the 424 Fifth Ave. office [2] - Additional layoffs occurred at various other locations in New York City, totaling 91 jobs at 410 Tenth Ave, 58 at 7 W. 34th St., and several others [9] - The layoffs are expected to continue into January 2024, following the holiday shopping season [7] Group 2: Company Strategy and Context - Amazon's restructuring aims to reduce bureaucracy and shift resources to focus on key investments, as stated by senior VP Beth Galetti [4][10] - The company has undergone significant job cuts since Andy Jassy took over as CEO in 2021, with tens of thousands of jobs eliminated [7] - The current wave of layoffs is seen as surprising given the ongoing competition for talent and advancements in AI technology [3][10]