Key Takeaways

Amazon is cutting 14,000 roles from its 350,000-person global corporate workforce, the company announced on Tuesday.

The layoffs are part of an effort to reduce bureaucracy and reallocate resources to high-growth areas, particularly in AI.

Amazon is the fifth most valuable company in the world, with a market capitalization of $2.4 trillion.

Amazon is laying off approximately 14,000 corporate workers, the company announced in a blog post on Tuesday. It marks one of the largest job cuts in the company’s corporate history.

According to the post, Amazon is offering several support measures and severance packages to corporate employees affected by the layoffs. Most employees will have 90 days to search for new roles within Amazon, during which their pay and benefits wil

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