Amazon to lay off up to 30,000 corporate employees
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Amazon has 1.5 million employees globally (1.2 million in the U.S.), but about 350,000 of those are corporate positions, according to Reuters. Cutting 30,000 corporate jobs represents almost 9% of Amazon’s total corporate positions.
The company is looking to cut costs starting this week as it continues to spend aggressively on artificial intelligence. Another round of cuts is expected in January.