Amazon planning to cut up to 30,000 corporate jobs, sources say

The Amazon campus outside its Seattle headquarters. The company plans to cut nearly 10 per cent of its corporate employees, according to three sources.

Amazon AMZN-Q is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.

The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10 per cent of the company’s roughly 350,000 corporate employees. This would represent the largest job cut at Amazon since around 27,000 jobs were eliminated starting in late 2022.

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