Global e-commerce giant Amazon announced on October 28 that it will lay off about 14,000 corporate employees, as per an official blog post.
For context, Beth Galetti, Senior Vice President of People Experience and Technology at Amazon, wrote that the company was making changes that would “impact some of our teammates.”
Notably, she added that Amazon is committed to supporting the corporate workers affected by this latest round of layoffs.
“We’re working hard to support everyone whose role is impacted, including offering most employees 90 days to look for a new role internally (the timing will vary based on local laws). Our recruiting teams will prioritise internal candidates to help as many people as possible find new roles within Amazon,” she wrote.
“For our teammates who are unable to find a new role at Amazon, or who choose not to look for one, we’ll offer transition support including severance pay, outplacement services, health insurance benefits, and more,” Galetti added.
This latest layoffs drive comes as Amazon plans to invest more heavily in generative artificial intelligence (AI). Galetti also highlighted the transformative power that companies can gain by adopting AI.
“This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones). We’re convinced that we need to be organised more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business,” she wrote in the blog post.
Amazon Hinted At These Layoffs Before As Well
This development comes just over four months after Amazon Chief Executive Officer (CEO) Andy Jassy released a memo about shrinking the corporate workforce as the company expands its use of generative AI and AI agents to automate white-collar jobs.
“We will need fewer people doing some of the jobs that are being done today,” Jassy said in the memo. “In the next few years, we expect that this will reduce our total corporate workforce,” he added.
The current layoffs drive is likely the first time that the e-commerce giant has drawn a direct link between firing employees and onboarding generative AI to replace them.
Earlier layoffs between 2022 and 2023, when Amazon cut more than 27,000 employees, and the 14,000 managerial roles that became redundant earlier this year were primarily tied to post-pandemic cost adjustments, rather than AI-driven automation.
Which employees are IN Trouble EXACTLY?
Amazon informed employees working within the cloud, grocery, video games, human resources, sustainability and communications, advertising, and devices departments about the layoffs on the morning of October 28.
Advertisements
Amazon currently employs roughly 350,000 corporate and tech workers, meaning the 14,000 job cuts represent about 4% of this particular…
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We blogs.grocliq.com want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at [email protected]
