Amazon Plans Fresh Round Of Corporate Layoffs As Andy Jassy Pushes Overhaul Of 'Culture' At The Tech Giant - Amazon.com (NASDAQ:AMZN)

Core Viewpoint - Amazon.com Inc. is initiating a new round of layoffs affecting approximately 30,000 corporate roles as part of its strategy to streamline operations and enhance efficiency following rapid expansion during the pandemic [2][3]. Group 1: Layoff Details - The layoffs will begin on Tuesday, with a significant number of positions expected to be cut across various departments, including Amazon Web Services, retail, Prime Video, and human resources [2][3]. - In October 2025, the company previously cut around 14,000 corporate jobs, indicating a similar scale of layoffs in the upcoming round [3]. Group 2: Management Perspective - CEO Andy Jassy clarified that the layoffs are not primarily driven by financial or AI considerations, but rather focus on improving company culture [4]. Group 3: Market Reaction and Stock Performance - Amazon's stock has shown a slight increase of 1.22% in 2025, with analysts maintaining a bullish outlook and a consensus price target of $291.40, suggesting a potential upside of 24.34% from current levels [5]. - The stock closed at $234.34, reflecting a 1.31% increase on Thursday, and is noted to have a favorable medium and long-term price trend despite lower momentum and value scores [6].