Amazon Announces Layoffs Impacting 14,000 Employees Today
UPDATE: Amazon has just announced plans to cut 14,000 corporate jobs, marking a significant shift in the company’s workforce strategy. Notifications to affected employees are underway, according to internal communications obtained by Business Insider.
Affected employees will receive 90 days of full pay and benefits as part of the transition package. Additionally, they will be offered severance packages, with access to skills training and external job placement support. This move aligns with CEO Andy Jassy’s vision to operate Amazon “like the world’s largest startup,” as stated by Beth Galetti, Amazon’s Senior Vice President of People Experience & Technology.
The layoffs were confirmed in an email from Galetti, which detailed the difficult decision made after a thorough review of the company’s priorities. “Unfortunately, your role is being eliminated, and your employment will end after a non-working period,” the email reads.
During the 90-day paid non-working period, employees will maintain access to internal communications and resources via the A to Z app, ensuring they remain informed and supported. The email encourages employees to attend a virtual meeting with HR representatives to discuss their individual transitions.
Amazon’s decision comes despite the company’s overall strong performance, suggesting a strategic pivot in response to evolving market conditions. The layoffs reflect a broader trend in the tech sector, where companies are re-evaluating their workforce in light of economic pressures.
What Happens Next? Employees impacted by the layoffs are advised to prepare for their transition period and utilize the resources provided by Amazon. The company is committed to supporting those affected during this challenging time.
As Amazon continues to navigate these changes, the impact on employee morale and the company’s public image will be closely monitored. Stay tuned for further updates on this developing story.
