Amazon said Wednesday it will cut another 16,000 jobs, just three months after slashing 14,000 roles across the company in a broad efficiency drive.
The big picture: Companies have become outspoken about trying to do more with fewer people, for a mix of reasons: AI productivity gains; over-hiring in the post-pandemic job boom; or simply reducing costs amid ongoing inflation pressure.
- Amazon's cuts come amid the trend of what some have called the "forever layoff," where reductions come in batches, rather than a single sweeping reorganization.
Driving the news: Wednesday's cuts affect the teams that hadn't completed their reorganizations around the last cuts in October, per a blog post from senior vice president Beth Galetti.
- "While we're making these changes, we'll also continue hiring and investing in strategic areas and functions that are critical to our future. We're still in the early stages of building every one of our businesses and there's significant opportunity ahead," Galetti wrote.
This is a developing story.
