Amazon Confirms 16,000 Job Cuts Amid Organizational Restructuring - Amazon.com (NASDAQ:AMZN)

Amazon.com Inc. (NASDAQ:AMZN) officially announced approximately 16,000 job reductions across the company on Wednesday, according to Beth Galetti, Senior Vice President of People Experience and Technology at Amazon.In a message shared with employees on Tuesday, Galetti stated the cuts follow organizational changes that began in October. “We’ve been working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy,” Galetti wrote.The company will offer most U.S.-based ...