Amazon is preparing to lay off as many as 30,000 corporate employees beginning Tuesday, in what would be its largest round of job cuts since 2022.
The move comes as the e-commerce and cloud giant seeks to trim costs, streamline operations, and offset the effects of overhiring during the pandemic boom.
According to Reuters exclusive report citing people familiar with the matter, the planned reduction represents about 10% of Amazon’s 350,000-strong corporate workforce but only a small portion of its total global headcount of roughly 1.55 million employees.