Amazon is preparing to cut up to 30,000 corporate jobs beginning Wednesday, representing nearly 10% of its approximately 350,000 corporate employees, according to three sources familiar with the matter speaking to Reuters and Bloomberg. The layoffs could impact employees across human resources (People Experience and Technology/PXT), operations, devices and services, and Amazon Web Services (AWS).... Read More

The company said it's cutting roles in order to help make the company leaner and less bureaucratic, while it looks to invest in generative AI.