Amazon.com, Inc. (AMZN)

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Amazon is set to initiate a second round of corporate layoffs next week, aiming to trim its workforce by about 30,000 employees. This move reflects ongoing efforts to streamline operations and could impact the company’s efficiency during a key period leading up to the holiday season. The layoffs echo previous cuts made in late 2022 and early 2023, indicating a continued focus on cost reduction.

Updated 44 minutes ago

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Amazon plans second round of corporate job cuts next week, Reuters reports

Amazon plans second round of corporate job cuts next week, Reuters reports

about 11 hours ago

Amazon plans second round of corporate job cuts next week, Reuters reports

Investing.com -- Amazon.com Inc (NASDAQ:AMZN) is preparing a second wave of corporate layoffs next week as part of an ongoing initiative to trim its global workforce by roughly 30,000 employees. According to reporting from Reuters, the upcoming cuts are expected to mirror the scale of the 14,000 positions eliminated last October. The planned reductions could begin as early as Tuesday, according to Reuters, citing people familiar with the matter who spoke on the condition of anonymity. These move

about 11 hours ago