Amazon may lay off 30,000 employees in largest job cut in the company’s history

Amazon is reportedly preparing for a significant reduction in its corporate workforce, with plans to cut as many as 30,000 jobs starting this week, news agency Reuters reported citing three people familiar with the matter. The massive layoff—which would represent nearly 10% of the company’s roughly 350,000 corporate employees—marks Amazon’s largest job elimination effort since late 2022, when it shed approximately 27,000 positions.

The job cuts also represent the biggest single round of job eliminations across the entire tech industry since at least 2020, according to Layoffs.fyi, a site that tracks technology sector job cuts.