Amazon cuts 14,000 corporate jobs
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Amazon confirmed plans to reduce its corporate workforce, impacting 14,000 employees. The company cited a need to be more lean and the increasing prevalence of artificial intelligence as reasons for the cuts. Those who do not find a new role will be offered severance pay and other transition benefits.
This reduction would represent around 10% of its roughly 350,000 corporate employees, a staggering number given how large the company is, and marks the biggest layoff move at Amazon since late 2022, when about 27,000 positions were cut.
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Amazon Web Services, a cloud platform that supports a portion of the internet, experienced a massive outage on Monday.
The issue impacted thousands of websites and apps across the globe. The website DownDetector showed users reporting issues with Reddit, Snapchat, Ring, Roblox, Fortnite, Amazon, Starbucks, Facebook and more. Coinbase, the largest U.S. cryptocurrency exchange, said its services was unavailable because of the AWS outage.
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