Amazon set to axe 14,000 manager roles by 2025 to cut red tape; move to help save $3 billion annually: Report

Amazon may cut 14,000 manager roles by early next year in order to save $3 billion a year, media reports said citing a Morgan Stanley note.

Recently, Amazon’s CEO Andy Jassy said that the company should increase the ratio of individual contributors to managers by 15 per cent by March 2025 as part of the restructuring. This restructuring was aimed at making efficient decisions without red tape, according to a Bloomberg report.