Corporate layoffs
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Amazon to Cut 14,000 Corporate Jobs in Second Round of Layoffs
PYMNTS.com· 2026-01-23 04:02
Core Insights - Amazon plans to lay off approximately 14,000 corporate workers starting January 27, as part of a broader strategy to eliminate a total of 30,000 corporate jobs [1][2] - This layoff round follows an earlier reduction of 14,000 jobs in October 2022, indicating a significant restructuring effort within the company [2][3] - The layoffs will affect four specific business units: Amazon Web Services, retail, Prime Video, and the People Experience and Technology division [2] Employment Impact - The planned cuts represent about 10% of Amazon's corporate workforce, which totals 1.58 million employees, highlighting the scale of the restructuring [3] - This move follows Amazon's previous elimination of 27,000 jobs in 2022, indicating a trend of workforce reduction aimed at streamlining operations [3] Management Strategy - CEO Andy Jassy has emphasized the need to reduce bureaucracy and the number of managers to enhance operational efficiency, aiming for a structure that operates like a "world's largest startup" [4] - The intention behind these layoffs is to empower employees, improve decision-making, and ultimately enhance customer experience [4] Financial Reporting - Amazon is scheduled to report its fourth quarter 2025 financial results on February 5, which may provide further insights into the company's performance and the impact of these layoffs [5]