NEW YORK – Global e-commerce giant Amazon is set to cut 30,000 jobs from its offices as departments from H.R to computing will bear brunt as the company works to trim costs and correct pandemic-era over-hiring.
Shockwaves hit tech world as multi-national company announced plans to cut corporate jobs, sending tremors across its offices worldwide. The layoffs, aimed at trimming costs and correcting pandemic-era over-hiring, will hit major departments including Human Resources, Operations, Devices & Services, and Amazon Web Services (AWS).
While only a fraction of Amazon’s 1.55 million global workforce, the cuts represent 10% of its corporate staff, marking the biggest corporate downsizing since 2022, when 27,000 jobs were axed.
Amazon CEO had previously warned that the rise of Artificial Intelligence (AI) could make such reductions inevitable, especially in roles dominated by repetitive tasks. Analysts now say Amazon’s AI-driven efficiency has reached a tipping point, making mass layoffs not just possible, but imminent.
Despite AWS raking in $30.9 billion in sales in Q2, its growth lags behind competitors Microsoft Azure and Google Cloud, fueling pressure on the company to tighten belts and invest heavily in AI automation.
The tech industry is facing a storm as 98,000 jobs have already been cut in 216 tech companies this year, and Amazon’s announcement could trigger the next wave of tech layoffs.
An Amazon spokesperson refused to comment, leaving employees and industry watchers anxiously waiting for the next shockwave.
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