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

Amazon to lay off thousands of corporate workers

India raises rabi MSPs, boosting incentives for crop diversification

India raises rabi MSPs, boosting incentives for crop diversification

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide

Tech Mahindra to consider bonus share issue in upcoming board meet

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Capgemini report: Life insurers face relevance challenge as consumers seek simpler guidance

Know all about IRDAI’s proposal to tighten insurance commissions and expenses

19 IPOs set to hit the Indian market this week

Subway operator ‘EverBrands India’ files draft prospectus for Rs 600 crore IPO

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

NYMEX Natural Gas futures post second monthly gain

NYMEX Natural Gas futures post second monthly gain

Rupee holds steady as inflation eases and manufacturing outlook improves : Kedia Stocks & Commodities Research

Rupee under pressure as crude oil, US yields and FPI outflows weigh on currency

Coforge appoints Akhil Kumar Gupta as new Chairperson

Coforge appoints Akhil Kumar Gupta as new Chairperson

Moneyview IPO allotment date and how to check status

Moneyview IPO allotment date and how to check status

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Friday, October 2, 2026
  • Login
Data Biz Times
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

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

NALCO pays record ₹2,112 crore dividend for FY26

NALCO pays record ₹2,112 crore dividend for FY26

0

DBT Bureau Pune, 29 Sep 2026 National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government...

ESDS Software Q1 profit rises 14%

ESDS Software Q1 profit rises 14%

0

Athira Sethu Kochi, 25 Sep 2026 Recently listed firm in cloud & AI domain ESDS Software Solution witnessed a growth...

Oil Marketing Companies face rising losses

Oil Marketing Companies face rising losses

0

Athira Sethu Kochi, 24 Sep 2026 Oil Marketing Companies (OMCs) are incurring huge losses as petrol and diesel prices have...

Redington may benefit from strong demand for new iPhones

Redington may benefit from strong demand for new iPhones

0

Athira Sethu Kochi, 21 Sep 2026 Redington is a crucial distributor of Apple products in India. The company distributes Apple...

India raises rabi MSPs, boosting incentives for crop diversification
Commodity

India raises rabi MSPs, boosting incentives for crop diversification

0

DBT Bureau Pune, 1 Oct 2026 The Indian Cabinet has approved higher minimum support prices for rabi crops for the...

Read moreDetails
Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27
Business

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

0

DBT Bureau Pune, 1 Oct 2026 Amid growing power demand, Coal India Limited (CIL) augmented its coal supplies by 12.5%...

Read moreDetails
Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme
Market

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

0

Athira Sethu Kochi, 1 Oct 2026 Stocks of companies related to power and electricity-related infrastructure of India gained focus on...

Read moreDetails
FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide
Market

Tech Mahindra to consider bonus share issue in upcoming board meet

0

Athira Sethu Kochi, 1 October 2026 Tech Mahindra Ltd. was in the news on Thursday, October 1. This is because...

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
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.