Summary
Amazon is cutting about 14,000 jobs in its largest layoff of 2025. This decision is part of a cost-cutting plan led by the company's CEO, Andy Jassy.
Key Facts
- Amazon is laying off about 14,000 employees.
- This is the largest corporate layoff by Amazon in 2025.
- The layoffs are part of a cost-cutting strategy.
- Andy Jassy, Amazon's CEO, is leading the drive to reduce costs.
- Beth Galetti, a senior vice president at Amazon, mentioned efforts to reduce bureaucracy.
- The goal is for Amazon to operate more like a startup with less bureaucracy and more speed.
- The news was reported by Reuters and The Wall Street Journal.
