"Amazon is expected to trim as many as 30,000 corporate jobs Tuesday. The reduction would impact 10% of the company's 350,000 office workers, according to CNBC. Sources said the cuts are meant to offset a hiring spree that occurred during the pandemic when demand for the online retailer was inflated. RELATED: Amazon planning to replace 600,000 workers with robots: report"
"The job losses would reportedly mark Amazon's biggest cuts since 27,000 were cut loose in 2022. Amazon stock shares were up 1.2% Monday afternoon following the announcement. The staff reductions could impact workers specializing in human resources as well as services and operations, according to Reuters. Amazon reportedly plans to reduce bureaucracy and employ AI. Managers of the divisions that will be affected were believed to have been trained on how to communicate the changes to their staffers Monday."
Amazon plans to cut as many as 30,000 corporate jobs, equal to about 10% of its 350,000 office employees, to offset pandemic-era hiring. The reductions would be the largest since 27,000 roles were eliminated in 2022. Cuts could affect human resources, services and operations teams. Managers reportedly received training to announce the changes and more details were expected by Tuesday morning via email. The company is pursuing reduced bureaucracy and increased use of AI and automation, while also planning to hire roughly 250,000 workers for the holiday season, including 8,500 in New York.
Read at www.mercurynews.com
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