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Amazon CEO Announces 14,000 Job Cuts to Boost Agility

10/31/2025

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Story summary
  • Andy Jassy, Amazon CEO, announced a plan to cut 14,000 jobs this week to improve culture, not due to AI or finances.
  • He said rapid growth created excessive management layers that hindered decision-making, and he aims to restore agility and ownership, likening Amazon to a startup.
  • Amazon posted a 13% revenue rise to $180 billion, while severance costs reached $1.8 billion and further workforce reductions may continue.