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
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