Amazon Lay's off thousands of corporate workers
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One chart shows how Amazon's workforce surged during the pandemic and Great Resignation. The new corporate layoffs are a small share of its employees.
GeekWire reported Tuesday on a new filing from the Washington Employment Security Department revealing that the tech giant is laying off 2,303 corporate employees, mostly in Seattle and Bellevue. The cuts are part of broader layoffs announced Tuesday that will impact about 14,000 workers globally.
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
Amazon stock is up 43% over the last five years, badly underperforming other Magnificent Seven stocks and the broader S&P 500.
The company didn’t say how many video-game jobs will be cut, but noted in a memo Tuesday that “significant role reductions” would fall on its offices in Irvine and San Diego, as well as its central publishing division.
On social media and elsewhere, impacted employees and others reacted to Amazon's decision to cut 14,000 corporate and tech workers across numerous divisions.
If you enjoyed this story, be sure to follow Business Insider on MSN. Amazon just made deep job cuts. Its AI tools now need to prove it can do more with less.
Aeternum amid layoffs in the division and even deeper job cuts across its parent company. The game debuted on PC in 2021 and it landed on PS5 and Xbox Series X/S just over a year ago. "After four years of steady content updates and a major new console release,