Amazon announced it will cut about 14,000 corporate jobs, part of ongoing efforts to reduce costs and streamline operations while investing in generative AI.

The layoffs, affecting nearly every department, could ultimately impact up to 30,000 employees, representing roughly 4% of its corporate and tech workforce.

CEO Andy Jassy emphasized the need for a leaner structure to move faster and adapt to AI-driven efficiencies, following similar cuts across other tech giants, CNBC has reported.

Despite these reductions, Amazon plans to continue hiring in strategic areas and seasonal roles while investing heavily in AI and cloud infrastructure.