Amazon Cuts 16,000 Jobs in Latest Round of Layoffs
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Amazon announces another mass layoff as CEO Andy Jassy takes aim at bureaucracy and seeks a cultural reset.
Tech giant Amazon said on Wednesday it planned to cut about 16,000 employees as it seeks to "strengthen" its business by reducing "layers" and "bureaucracy" within its workforce.
Amazon said Wednesday it will cut approximately 16,000 roles across the company as part of an organizational overhaul aimed at reducing bureaucracy and cutting management layers, as the company continues to invest heavily in areas such as artificial intelligence.
SAN FRANCISCO, Jan 27 (Reuters) - Amazon (AMZN.O) on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and team-wide meeting invitation hours early.