Amazon Cuts 14,000 Corporate Jobs, Cites Bureaucracy

Amazon announced cuts of roughly 14,000 corporate roles worldwide as part of a global reorganization. CEO Andy Jassy and SVP Beth Galetti said the reductions were intended to remove bureaucracy, flatten layers and restore startup-like agility, and Jassy told investors the moves were not driven by immediate cost pressures or AI on an earnings call where revenue rose about 13% to $180 billion. The company said it will continue hiring in key areas and investing in AI even as independent reporting and internal memos have sparked debate over whether automation may play a larger long-term role. Most affected employees have roughly 90 days to seek internal roles and will receive transitional support, including severance, outplacement and continued health benefits if they cannot be placed. Investors reacted positively with shares rising after-hours, and analysts warned the reductions could have local economic ripple effects and potentially expand in the coming years.