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GeekWire reported Tuesday on a new filing from the Washington Employment Security Department revealing that the tech giant is laying off 2,303 corporate employees, mostly in Seattle and Bellevue. The cuts are part of broader layoffs announced Tuesday that will impact about 14,000 workers globally.
Business Insider's reporters walk through the big layoffs at Amazon, why the cuts came, and who could be next.
The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a professor of operations, information and decisions at the University of Pennsylvania, told ABC News.
More layoffs could be coming in 2026. Reuters says Amazon is planning for 30,000 cuts. Employees might wonder why it's necessary, given the company's $18 billion profit last quarter.
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One chart shows how Amazon's layoffs are a drop in the bucket after its pandemic-era hiring spree
One chart shows how Amazon's workforce surged during the pandemic and Great Resignation. The new corporate layoffs are a small share of its employees.
Amazon is laying off 2,303 Washington-based employees, with 1,887 in Seattle alone. It's a move projected to deal a multimillion-dollar blow to the city’s tax revenues.
Amazon is set to slash thousands of corporate jobs starting Oct. 28, according to multiple reports. The impending corporate layoffs amount to the largest such job reduction in the company's history, CNBC and Reuters reported, citing anonymous sources.
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill.