Amazon to announce its largest layoffs ever from Tuesday morning: Report

Amazon is looking at announcing job cuts from Tuesday, CNBC reported, citing a source. The layoffs are said to be the largest cuts to the company's corporate workforce ever, and will span almost every business, the source said.

Amazon will start informing the employees of the job cuts on Tuesday morning via email, the source added.

News agency Reuters first reported the news that Amazon planned to lay off 30,000 staffers.

The company declined to comment, CNBC said.

It has 3.5 lakh corporate employees.

Amazon has been conducting rolling layoffs across the firm since 2022. As a result, over 27,000 employees have been let go. Job cuts have continued this year at a smaller scale. The company's cloud, communications, devices and stores divisions have been hit with job cuts in the recent months.

The layoffs are part of Amazon CEO Andy Jassy's broader cost-cutting campaign, which started during the pandemic. In June, Jassy said Amazon's workforce could further shrink as a result of Amazon embracing generative AI. He told staffers, the company would require fewer people doing some of the jobs being done at present and more people doing other type of jobs.

In his June memo to the staff, Jassy said it is hard to know where this nets out over time exactly, but in the next few years the company expects to reduce its total corporate workforce.