Amazon's layoffs will extend into 2023, says CEO Andy Jassy

Amazon Layoffs 2025 Official Site Free. Layoff drive continues in tech giants globally amid fears of recession. 5 points Hindustan Times This reduction aligns with CEO Andy Jassy's strategic vision to boost the ratio of individual contributors to managers by at least 15% before Q1 2025. Employees in roles related to account management, merchandising and data engineering are expected to be affected

Pravrajya Suruchi Updated : Mar 18, 2025, 05:43 PM IST Amazon's recent decision to lay off 10,000 more employees, following its. This reduction will represent a 13 per cent decrease in the company's global management workforce, bringing the number of managers down from 105,770 to 91,936.

Why Is Amazon Laying Off 18K Employees? Amazon Layoffs, Explained

This reduction aligns with CEO Andy Jassy's strategic vision to boost the ratio of individual contributors to managers by at least 15% before Q1 2025. These layoffs are part of a strategic initiative by CEO Andy Jassy to streamline operations and improve efficiency by reducing Amazon's worker-to-manager ratio by 15% and achieving an estimated annual cost savings of about $3.5 billion. This move will reduce management layers and increase efficiency, as CEO Andy Jassy pushes for a leaner workforce

Amazon Layoffs 10,000 Corporate Employees to Lose Jobs (Report). Amazon is planning to lay off 14,000 managerial employees by early 2025 as part of its cost-cutting strategy, aiming to save up to $3.6 billion annually These layoffs are part of a strategic initiative by CEO Andy Jassy to streamline operations and improve efficiency by reducing Amazon's worker-to-manager ratio by 15% and achieving an estimated annual cost savings of about $3.5 billion.

Amazon layoffs HanzlaArmina. It's these factors that are driving their decision to let go of thousands of employees Amazon recently announced plans to reduce approximately 14,000 managerial positions and around 200 employees in its North America stores unit by early 2025, primarily targeting a restructuring of their management layers to streamline operations