Amazon is planning to cut as many as 30,000 corporate jobs starting as soon as Tuesday, people familiar with the matter told Reuters.

After over-hiring at the peak of the Covid-19 pandemic, the company is reportedly working to cut expenses by making job cuts. 

While the figure represents a small percentage of the company’s 1.55 million total employees, it is almost 10 percent of its 350,000 corporate workers. 

It would represent the largest job cut at Amazon since late 2022, when around 27,000 jobs were eliminated.

It comes months after CEO Andy Jassy said Amazon would reduce its corporate headcount as it increases its use of Artificial Intelligence. 

In a note seen by the Wall Street Journal in June, he said AI was a once-in-a-lifetime technological advancement and it had already transformed how Amazon operates. 

‘​​As we roll out more Generative AI and agents, it should change the way our work is done,’ he wrote in the memo.

‘It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce.’

Amazon is reportedly planning to cut as many as 30,000 corporate jobs starting as soon as Tuesday

Amazon is reportedly planning to cut as many as 30,000 corporate jobs starting as soon as Tuesday

Amazon has been trimming smaller numbers of jobs over the past two years across multiple divisions, including devices, communications and podcasting, Reuters reported.  

The cuts beginning this week may impact a variety of divisions within Amazon, including human resources, known as People Experience and Technology, devices and services and operations, among others, three people familiar with the matter told the publication. 

Managers of impacted teams were asked to undergo training on Monday for how to communicate with staff following notifications that will start going out via email tomorrow morning, the people said. 

Amazon is the second largest employer in the country and is seen as a bellwether for employment stability.

The company has already slowed hiring, suggesting AI is already influencing the company’s staffing needs.

It is also clear the company is betting big on the new technology, after it revealed plans to splash $100 billion on data centers that AI depends on.  

Jassy said in July that he is confident that more generative AI agents will push the company forward.

‘Agents will allow us to start almost everything from a more advanced starting point,’ he wrote in the memo. ‘We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.’

It comes months after CEO Andy Jassy said Amazon would reduce its corporate headcount as it increases its use of Artificial Intelligence

It comes months after CEO Andy Jassy said Amazon would reduce its corporate headcount as it increases its use of Artificial Intelligence 

After over-hiring at the peak of the Covid-19 pandemic, the company is reportedly working to cut expenses by making job cuts

After over-hiring at the peak of the Covid-19 pandemic, the company is reportedly working to cut expenses by making job cuts 

Amazon inflicted a wave of painful job cuts in 2022 and 2023, eliminating some 27,000 roles.

The layoffs hit teams at Amazon Web Services as well as the company’s retail and entertainment branches.

Americans are growing increasingly concerned about the state of the job market and the potential impact of AI. 

On Thursday, Target announced it will eliminate about 1,800 corporate positions as it looks to save money and reinvent itself after nearly three years of falling sales. 

The cuts — roughly 8 percent of Target’s 22,000 corporate staff — will primarily affect its US workforce.  

Target’s announcement adds to a bleak outlook for Americans seeking new roles. Layoffs have risen 140 percent from a year ago.

US-based employers cut 62,075 jobs in July compared to 25,885 in the same month last year.

Job losses have been even more pronounced in the tech sector, as firms increasingly replace human employees with hyper-intelligent machines. 

Intel — which makes processors that power millions of Dell, HP, and Lenovo computers — announced in July it would slash 25,000 jobs this year as it battles to turn around its flagging fortunes.