Amazon Job Cuts Surge as Layoffs Continue in Tech Sector

What Happened

Amazon has announced the reduction of approximately 14,000 jobs so far in 2024, targeting teams across its retail, cloud computing, and streaming units. The e-commerce giant began significant downsizing in 2022, responding to declining e-commerce demand post-pandemic, increased competition, and macroeconomic challenges. Sources indicate the company expects further layoffs as it seeks to optimize costs and streamline business operations. Employees at several locations, including Seattle and remote sites, are affected as Amazon adapts to both market uncertainty and an evolving technology landscape.

Why It Matters

This wave of Amazon job cuts reflects ongoing volatility in the tech sector, impacting workers and signaling broader industry trends toward automation and leaner operations. The company’s decisions could influence hiring practices, workplace morale, and strategic investments across technology. Read more in our Work & Skills Hub