Amazon Axes 30,000 Jobs in Bid to Slash Costs: The Shocking Decision That Will Devastate Thousands of Lives
- Tech giant Amazon to cut 10% of corporate workforce in major shake-up
- Impacted staff to be notified by email, with job losses set to begin immediately
- CEO Andy Jassy cites efficiency drive and need to claw back pandemic-era expenses
In a move that will send shockwaves through the global tech industry, Amazon is reportedly preparing to axe a staggering 30,000 jobs in the coming days. The drastic measure, which represents 10% of the company’s corporate workforce, is part of an efficiency drive spearheaded by CEO Andy Jassy.
The news, which is set to devastate thousands of lives, comes as Amazon struggles to compensate for overhiring during the pandemic. According to sources familiar with the matter, impacted staff will be notified by email as early as Tuesday, with the job losses set to begin immediately.
Speaking in a blog post to employees, Jassy hinted at the impending job cuts, citing the introduction of artificial intelligence (AI) as a key factor in the company’s decision. “As we roll out more Generative AI and agents, it should change the way our work is done,” he wrote. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.”
The CEO’s warning comes on the heels of a similar announcement by Meta, which recently cut hundreds of AI jobs while simultaneously hiring more staff in other areas. The move has sparked concerns about the long-term impact of AI on the human workforce, with many experts warning of a looming jobs crisis.
Amazon’s decision to slash 30,000 jobs is the largest mass lay-off since 2022, when the company cut around 27,000 positions. The move is expected to have far-reaching consequences for the tech industry, with many experts predicting a ripple effect throughout the global economy.
As news of the job cuts spreads, Amazon employees are bracing themselves for the worst. The company has declined to comment on the matter, sparking widespread speculation and uncertainty about the future of the tech giant.
One thing is certain, however: the coming days will be fraught with anxiety and uncertainty for thousands of Amazon employees, as they wait with bated breath to learn their fate.