Amazon to Lay Off Nearly 16,000 Employees Next Week Amidst Major Restructuring

• Amazon is preparing for another significant round of layoffs, with approximately 16,000 corporate employees expected to be impacted as early as next week.
• This follows an earlier round of 14,000 job cuts in October, bringing the total to nearly 30,000, one of the largest reductions in Amazon's history.
• The layoffs are part of Amazon's efforts to streamline operations and reassess roles, though CEO Andy Jassy stated they are not primarily due to cost savings or AI.
• Jassy attributed the decisions to cultural fit and alignment with evolving company expectations, sparking debate among employees and industry observers.
• The tech industry broadly faces slowing growth and pressure for efficiency, leading to widespread re-evaluation of structures after rapid pandemic-era hiring.

Why It Matters: Amazon is set to lay off 16,000 more employees, totaling 30,000 cuts, as part of a major company restructuring.