Amazon to Cut Thousands More Corporate Jobs Amid Restructuring Drive

• Amazon.com Inc. is preparing for another round of corporate job cuts, aiming to streamline internal bureaucracy.
• The layoffs are expected to begin as early as next week, following internal deliberations.
• This new wave of reductions comes after Amazon previously announced plans to eliminate 14,000 roles, with further cuts anticipated by 2026.
• Managers were given the option in October to implement cuts immediately or defer them until the new year.
• These layoffs mirror previous workforce reductions in late 2022 and early 2023, which impacted around 27,000 employees.

Why It Matters: Amazon is continuing its restructuring with thousands more corporate job cuts to streamline operations.