Amazon is embarking on a significant restructuring effort, planning to cut 15% of its HR workforce. This move, part of a broader wave of layoffs affecting HR and other teams, is being overseen by CEO Andy Jassy.

Amazon is set to cut as many as 30,000 corporate jobs, a step that would be the biggest corporate mass layoff in its history. The job cuts, encompassing jobs in logistics, payments, video games, human resources,

Amazon plans to cut up to 30,000 corporate jobs, unveiling its strategy to reduce expenses after overhiring during the pandemic. Andy Jassy's initiative focuses on eliminating bureaucracy and leveraging AI for productivity gains.

The Amazon layoff rumors suggest that 15% of the company’s global People Experience and Technology division (PTX) could soon be cut.

According to people familiar with the matter, this rather unorthodox strategy of laying off employees was to ensure that people did not show up to work to find that their access badges no longer functioned.

Amazon is set to slash thousands of corporate jobs starting Oct. 28, according to multiple reports. The impending corporate layoffs amount to the largest such job reduction in the company's history, CNBC and Reuters reported, citing anonymous sources.

Company executives said automation would allow the company to sell twice as many products within 10 years, without adding to its U.S. workforce.