Amazon cuts 14,000 corporate jobs
Digest more
Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to replace jobs with automation.
The cuts, Reuters said, accounted for nearly 10% of Amazon’s corporate staff. However, they amount to a tiny fraction of Amazon’s 1.55 million employees overall, the outlet said.