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Story summary
- Amazon.com, Inc. plans to cut nearly 30,000 corporate jobs, about 10%.
- The layoffs will begin next week and affect Amazon Web Services, retail, and Prime Video.
- CEO Andy Jassy says the cuts are not driven by finances or AI and aim to reduce bureaucracy.
- The Union of Information Technology Employees decries the layoffs as illegal and not justified by economic conditions, noting the October round affected 14,000 workers.
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