The post Amazon May Cut 30,000 Corporate Jobs, Report Says appeared on BitcoinEthereumNews.com. Topline Amazon is preparing to lay off up to 30,000 corporate workers, Reuters reported Monday, news that comes less than a week after internal strategy documents suggested the company would replace 600,000 workers with robots, artificial intelligence and other automation tools by 2033. A worker at an Amazon fulfillment center. Getty Images Key Facts Amazon, the second-largest employer in the country, is planning to cut as much as nearly 10% of its corporate workforce to “compensate for overhiring” during the pandemic, unnamed sources told Reuters. The news comes less than one week after the New York Times discovered the company plans to drop more than one third of its 1.55 million employees in the next eight years, calling on automated systems and robots to replace the work they currently do. The corporate layoffs could represent one of the largest job cuts in company history, potentially surpassing the axing of 27,000 jobs in 2022. Amazon did not immediately respond to Forbes’ request for comment Monday. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes. Contra Despite reported plans to eliminate jobs higher up, Amazon has said it plans to hire the same number of seasonal employees it always does: 250,000 across full- and part-time positions during the end-of-year shopping season. Overall, American employers are planning to hire a record-low number of seasonal employees in the final months of the year. Surprising Fact If 30,000 people lose their jobs, the cut at Amazon will rank among the largest corporate job cuts in American history, almost equal with the 31,000 jobs eliminated by Boeing in the wake of the Sept. 11 terrorist attacks in 2001. The Boeing mass layoff is… The post Amazon May Cut 30,000 Corporate Jobs, Report Says appeared on BitcoinEthereumNews.com. Topline Amazon is preparing to lay off up to 30,000 corporate workers, Reuters reported Monday, news that comes less than a week after internal strategy documents suggested the company would replace 600,000 workers with robots, artificial intelligence and other automation tools by 2033. A worker at an Amazon fulfillment center. Getty Images Key Facts Amazon, the second-largest employer in the country, is planning to cut as much as nearly 10% of its corporate workforce to “compensate for overhiring” during the pandemic, unnamed sources told Reuters. The news comes less than one week after the New York Times discovered the company plans to drop more than one third of its 1.55 million employees in the next eight years, calling on automated systems and robots to replace the work they currently do. The corporate layoffs could represent one of the largest job cuts in company history, potentially surpassing the axing of 27,000 jobs in 2022. Amazon did not immediately respond to Forbes’ request for comment Monday. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes. Contra Despite reported plans to eliminate jobs higher up, Amazon has said it plans to hire the same number of seasonal employees it always does: 250,000 across full- and part-time positions during the end-of-year shopping season. Overall, American employers are planning to hire a record-low number of seasonal employees in the final months of the year. Surprising Fact If 30,000 people lose their jobs, the cut at Amazon will rank among the largest corporate job cuts in American history, almost equal with the 31,000 jobs eliminated by Boeing in the wake of the Sept. 11 terrorist attacks in 2001. The Boeing mass layoff is…

Amazon May Cut 30,000 Corporate Jobs, Report Says

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Topline

Amazon is preparing to lay off up to 30,000 corporate workers, Reuters reported Monday, news that comes less than a week after internal strategy documents suggested the company would replace 600,000 workers with robots, artificial intelligence and other automation tools by 2033.

A worker at an Amazon fulfillment center.

Getty Images

Key Facts

Amazon, the second-largest employer in the country, is planning to cut as much as nearly 10% of its corporate workforce to “compensate for overhiring” during the pandemic, unnamed sources told Reuters.

The news comes less than one week after the New York Times discovered the company plans to drop more than one third of its 1.55 million employees in the next eight years, calling on automated systems and robots to replace the work they currently do.

The corporate layoffs could represent one of the largest job cuts in company history, potentially surpassing the axing of 27,000 jobs in 2022.

Amazon did not immediately respond to Forbes’ request for comment Monday.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.

Contra

Despite reported plans to eliminate jobs higher up, Amazon has said it plans to hire the same number of seasonal employees it always does: 250,000 across full- and part-time positions during the end-of-year shopping season. Overall, American employers are planning to hire a record-low number of seasonal employees in the final months of the year.

Surprising Fact

If 30,000 people lose their jobs, the cut at Amazon will rank among the largest corporate job cuts in American history, almost equal with the 31,000 jobs eliminated by Boeing in the wake of the Sept. 11 terrorist attacks in 2001. The Boeing mass layoff is the 10th- biggest in history.

Key Background

It’s been a big year for layoffs. By the end of July, job cuts at U.S.-based companies had already surpassed all of 2024 and, though September, employers had announced almost 1 million job cuts, more than any year since the pandemic hit in 2020, according to career services firm Challenger, Gray & Christmas. Andy Challenger, the firm’s senior vice president, said the job cuts can be largely blamed on a stagnating labor market, cost increases and “transformative new technology,” like AI. Technological updates, including automation, are responsible for 20,000 job cuts so far this year and another 17,375 cuts have been explicitly attributed to AI. The government has laid off more employees than any other sector, followed by tech companies, which have cut more than 100,000 jobs in 2025.

Forbes Valutation

Jeff Bezos, the founder of Amazon, is the fourth-richest man in the world as of Monday with a net worth of $238.7. billion. Amazon is ranked No. 5 on Forbes’ list of the largest public companies in the world, with a market value of $2 trillion.

Further Reading

ForbesAmazon Is Automating 600,000 Jobs. Here Are The 5 Jobs At Risk In 2026ForbesHere’s Why It’s Harder To Find A Seasonal Job This YearForbesAt Least 65,000 Workers Accept Trump’s Buyout—Now The Biggest Job Cut In US History

Source: https://www.forbes.com/sites/maryroeloffs/2025/10/27/amazon-may-lay-off-30000-employees-after-news-the-company-plans-mass-automation-report-says/

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.00003647
$0.00003647$0.00003647
-0.62%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Super Micro Computer (SMCI) Stock Jumps 9% as Biggest U.S. Campus Opens

Super Micro Computer (SMCI) Stock Jumps 9% as Biggest U.S. Campus Opens

TLDR SMCI stock rose 8.71% as the company opened its largest U.S. campus in San Jose — a 714,000 sq ft facility on 32.8 acres. The new site will handle AI infrastructure
Share
Coincentral2026/04/27 21:27
TSAM London: Clearwater Analytics on The Real Buy-Side Challenge

TSAM London: Clearwater Analytics on The Real Buy-Side Challenge

At TSAM London, Lotte Tønsberg from Clearwater Analytics discussed the biggest challenge currently facing buy-side […] The post TSAM London: Clearwater Analytics
Share
ffnews2026/04/27 20:21
Solana Dominates Crypto Token Launches, 85,000,000 Assets Registered

Solana Dominates Crypto Token Launches, 85,000,000 Assets Registered

The post Solana Dominates Crypto Token Launches, 85,000,000 Assets Registered appeared on BitcoinEthereumNews.com. The Solana blockchain has become the top destination for token launches in the cryptocurrency space. In a recent update shared by Solana, the network currently has the majority of token creations happening in its ecosystem. Solana alone has 85 million tokens on its blockchain. Why developers prefer Solana over Ethereum This figure is significant considering that there are 100 million tokens in total on major crypto networks. That is, across some of the big blockchain platforms in the industry, like Ethereum, Avalanche, Arbitrum and Base, developers have created 100 million different tokens. These include meme coins, stablecoins, LP tokens, project tokens and more. You Might Also Like Notably, the Solana network is home to 85% of this total volume. This massive dominance is driven by the meme coin frenzy and other factors that make developers favor the network. These include its very low fees and super-fast transaction throughput.   It is these features that have given Solana an edge over industry giant Ethereum. As recently reported by U.Today, Solana registered 2.9 billion transactions in the month of August 2025 alone. This figure is the same amount that Ethereum has been able to log since its launch in 2015. Despite its current transaction speed, Solana is working on becoming the fastest layer 1 with its Alpenglow upgrade. Once completed, it will make Solana work 80 times faster than its current speed and reduce transaction finality to below 150 milliseconds. Community reacts to Solana’s token explosion In the broader cryptocurrency community, some users have taken a swipe at the numbers and dominance of Solana.  You Might Also Like These users claim that while Solana might be home to 85% of the launched tokens, the network needs to do some house cleaning. This is to eliminate the many bad residents or dead tokens in the ecosystem. Another…
Share
BitcoinEthereumNews2025/09/18 00:12

Roll the Dice & Win Up to 1 BTC

Roll the Dice & Win Up to 1 BTCRoll the Dice & Win Up to 1 BTC

Invite friends & share 500,000 USDT!