Amazon (NASDAQ:AMZN) is planning significant workforce reductions, with up to 15% of its human resources staff set to be laid off, according to a report by Fortune on Tuesday citing several people familiar with the matter. Additional cuts are expected in other divisions of the company.

The downsizing is expected to heavily affect Amazon’s People eXperience and Technology (PXT) organization, which currently employs more than 10,000 people worldwide, including recruiters and technical personnel. The exact scale of the layoffs and the timeline for implementation have not yet been finalized.

The company is moving to streamline operations and cut personnel expenses as it ramps up spending on infrastructure and artificial intelligence initiatives. Amazon has previously stated that it will allocate more than $100 billion in capital expenditures this year to expand its network of cloud and AI data centers.

These reductions follow the tech giant’s record-setting layoffs in 2022–2023, when it cut 27,000 corporate positions. The move aligns with CEO Andy Jassy’s broader push to boost efficiency and integrate AI more deeply across Amazon’s operations.

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This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.