Amazon Layoffs: AI likely to claim 14,000 corporate jobs this year as firm eyes cost cuts

E-commerce major Amazon Inc. is set to layoff 14,000 managerial jobs by early 2025 as the trillion-dollar company aims to save costs, reported the news portal Financial Express on Tuesday, March 18.

As per the news report, the company seeks to save between ₹210 crore and ₹360 crore annually after this 13 per cent workforce reduction. These managerial job cuts will bring down the number of managers in the firm to 91,936 managers, compared to the current level of 1,05,770 managers.