• Latest
  • Trending
Amazon to lay off thousands of corporate workers

Amazon to lay off thousands of corporate workers

Foxconn to invest $1.37 billion in AI infrastructure

Foxconn to invest $1.37 billion in AI infrastructure

Senegal-UK Chamber partners with MSGBC Oil, Gas & Power 2025

Senegal-UK Chamber partners with MSGBC Oil, Gas & Power 2025

Hexaware faces US patent lawsuit, denies allegations and vows strong legal defense

Hexaware faces US patent lawsuit, denies allegations and vows strong legal defense

Iron ore vessel ‘Chola Serenity’ loading 43,400 MT at Paradip Port

Iron ore vessel ‘Chola Serenity’ loading 43,400 MT at Paradip Port

Iron ore fines price for different grades

Iron ore price trend in Odisha of fines & lumps

Coffee prices hold steady as Arabica and Robusta futures show mild fluctuations

Coffee prices hold steady as Arabica and Robusta futures show mild fluctuations

Crude oil steadies amid U.S.–China trade optimism; Trading range seen at ₹5,311–₹5,551

Crude oil steadies amid U.S.–China trade optimism; Trading range seen at ₹5,311–₹5,551

Google expands in India with major 617,000 sq. ft. office lease in Gurugram

Google expands in India with major 617,000 sq. ft. office lease in Gurugram

LTIMindtree partners with Shopify to launch an AI Commerce Center of Excellence

LTIMindtree secures $100M deal with US chemical manufacturer

Cognizant and Rubrik partner to launch business resilience-as-a-service for the AI era

Cognizant and Rubrik partner to launch business resilience-as-a-service for the AI era

TCS partners with ARN Media to drive technology and business transformation in Australia

TCS denies reports on losing Marks & Spencer contract owing to cyberattack issues

Lenskart’s investment in Telangana creates controversy in Karnataka

Lenskart IPO price band between Rs 382 to Rs 402 per share

Tuesday, October 28, 2025
  • Login
Data Biz Times
  • Artificial Intelligence
  • Commodity
  • Data Story
  • Business
  • Media Release
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

Amazon to lay off thousands of corporate workers

in News
Reading Time: 2 mins read
0
Amazon to lay off thousands of corporate workers
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 28 Oct 2025

RelatedPosts

Hexaware faces US patent lawsuit, denies allegations and vows strong legal defense

Google expands in India with major 617,000 sq. ft. office lease in Gurugram

Amazon will begin laying off between 30,000 and possibly more corporate employees as early as Tuesday. Although it sounds like a lot, it’s only a tiny percentage of the company’s entire staff, which numbers about 1.55 million individuals. Those cuts will impact nearly 10% of Amazon’s 350,000 corporate staff, though. This is likely to be the largest employment cut since Amazon eliminated about 27,000 jobs in late 2022.

The stock of the company gained 1.5%, trading at $227.53 a share, and it is to announce its third-quarter earnings report on Thursday.

The motive for the layoffs, according to sources, is Amazon’s attempt to cut expenses and align itself after having hired excessively amid the pandemic, when demand was high. In the last two years, Amazon has already sliced smaller budgets in other departments such as devices, communications, and podcasting. The layoffs beginning this week are set to affect various divisions, including human resources (referred to as People Experience and Technology), devices and services, and operations.

The managers of the teams impacted by the layoffs were also sensitized on how to communicate with employees. The notifications of the job cuts will be done via email from tomorrow morning.

Other Firms Reducing Jobs

It’s not the only firm reducing jobs. Target recently said it’s cutting roughly 1,800 corporate positions. The move is part of the company’s strategy to streamline decision-making and drive more customers to its stores.

Out of 1,800 jobs being eliminated, 1,000 employees will be alerted next week and Target also expects to axe some 800 vacant positions. The reductions amount to roughly 8% of Target’s corporate staff, with most of the targeted workers based at its Minneapolis headquarters.

Target’s Chief Operating Officer, Michael Fiddelke, who will assume the role of CEO in February, told employees about the job cuts and requested Minneapolis-based workers to work remotely next week. Additional information regarding the layoffs will be made public on Tuesday.

In both Amazon’s and Target’s situations, these layoffs are components of a broader trend of firms attempting to cut costs and streamline their operations following the disruptions caused by the pandemic.

Related Posts

Hexaware faces US patent lawsuit, denies allegations and vows strong legal defense

Hexaware faces US patent lawsuit, denies allegations and vows strong legal defense

0

DBT Bureau Pune, 28 Oct 2025 Hexaware Technologies Limited issued a statement regarding a patent lawsuit filed in the United...

Google expands in India with major 617,000 sq. ft. office lease in Gurugram

Google expands in India with major 617,000 sq. ft. office lease in Gurugram

0

DBT Bureau Pune, 27 Oct 2025 In a major expansion move, Google has leased around 617,000 square feet of office...

Foxconn to invest $1.37 billion in AI infrastructure
Artificial Intelligence

Foxconn to invest $1.37 billion in AI infrastructure

0

Athira Sethu Kochi, 28 Oct 2025 Taiwan's Foxconn, the largest electronics maker globally, has stated plans to invest as much...

Read moreDetails
Senegal-UK Chamber partners with MSGBC Oil, Gas & Power 2025
world

Senegal-UK Chamber partners with MSGBC Oil, Gas & Power 2025

0

DBT Bureau Pune, 28 Oct 2025 The Senegal-UK Chamber of Commerce will participate as a Strategic Partner at the upcoming...

Read moreDetails
Hexaware faces US patent lawsuit, denies allegations and vows strong legal defense
News

Hexaware faces US patent lawsuit, denies allegations and vows strong legal defense

0

DBT Bureau Pune, 28 Oct 2025 Hexaware Technologies Limited issued a statement regarding a patent lawsuit filed in the United...

Read moreDetails
Iron ore vessel ‘Chola Serenity’ loading 43,400 MT at Paradip Port
Commodity

Iron ore vessel ‘Chola Serenity’ loading 43,400 MT at Paradip Port

0

DBT Bureau Pune, 28 Oct 2025 At Paradip Port, iron ore vessel activity on October 27, 2025, includes the MV...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?