Amazon is expected to trim as many as 30,000 corporate jobs Tuesday.

The reduction would impact 10% of the company’s 350,000 office workers, according to CNBC. Sources said the cuts are meant to offset a hiring spree that occurred during the pandemic when demand for the online retailer was inflated.

The job losses would reportedly mark Amazon’s biggest cuts since 27,000 were cut loose in 2022. Amazon stock shares were up 1.2% Monday afternoon following the announcement.

The staff reductions could impact workers specializing in human resources as well as services and operations , according to Reuters. Amazon reportedly plans to reduce bureaucracy and employ AI.

Managers of the divisions that will be affected were believed to have been trained on how to communicate the changes to t

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