Round Two Of Amazon Layoffs: 16,000 Employees Sacked; Why Tech Giant Is Cutting Thousands Of Jobs Again? | Companies

The latest cuts come as Amazon reassesses its corporate structure amid shifting economic realities and rapid technological change. Reuters had reported last week that the company was preparing a second wave of job reductions as part of a wider plan to remove roughly 30,000 corporate positions. The layoffs are expected to impact teams across Amazon Web Services (AWS), retail operations, Prime Video, and human resources.