Amazon Announces Further Job Cuts, Totaling 16,000 Roles Globally
Kathmandu. The American multinational technology company (Amazon) announced on Wednesday that it will cut 16,000 jobs globally as part of a restructuring announced in October.
The giant e-commerce company Amazon, which had previously announced plans to cut 14,000 positions, stated it will now adjust an additional 16,000 roles.
Senior Vice President Beth Galetti provided information regarding the upcoming plan for role adjustments in a statement. She said, "The objective of the job cuts is to 'flatten layers, increase ownership, and eliminate bureaucracy'."
According to projections made in October media reports, the nearly 30,000 job cuts represent more than 10 percent of Amazon's 350,000 direct office employees.
The plan will reduce the workforce in corporate roles, without affecting distribution and warehouse workers. This plan will not impact the approximately 1.5 million employees in that sector.
The company declined to comment on media reports regarding workforce reductions. Amazon's job cuts come amidst increasing investment in artificial intelligence (AI).
Amazon did not confirm the latest job cuts on Wednesday.
The company will provide information about its full-year 2025 plan at a press conference on February 6.
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