Amazon Has Over 1.5M Employees But Around 14,000 May Be Cut: What Is Going On?

Amazon Has Over 1.5M Employees But Around 14,000 May Be Cut: What Is Going On?

Morgan Stanley claims Amazon is considering laying off 14,000 managers from its 1.5 million-employee workforce. This is because the company is planning to reduce its managerial staff and it could lead to significant layoffs and cost-cutting measures. In a memo, CEO Andy Jassy announced his intention to increase the proportion of individual contributors to managers … Read more

Workers Threaten To ‘Soft Quit’ After Amazon CEO Demands They Return To Office Five Days A Week

Amazon Has Over 1.5M Employees But Around 14,000 May Be Cut: What Is Going On?

Amazon corporate employees have threatened a “soft quitting” revolt in response to CEO Andy Jassy’s mandate that they return to the office five days a week. Jassy, 56, who was appointed as Jeff Bezos’ successor after the 60-year-old business magnate stepped down as Amazon CEO in 2021, issued a company-wide statement announcing that employees will … Read more