Amazon to cut 30,000 corporate jobs globally

Amazon is set to begin its largest round of layoffs since 2022, cutting as many as 30,000 corporate jobs, or nearly 10% of its corporate workforce. The cuts will reportedly affect multiple divisions, including human resources, operations, and Amazon Web Services (AWS). CEO Andy Jassy has cited a need to reduce bureaucracy and leverage AI for productivity gains as reasons for the downsizing. The move comes as the company seeks to trim expenses following a period of rapid hiring during the pandemic.