00:00Amazon said it will cut around 16,000 corporate jobs at
00:05second major round of layoffs since October as part of a broader effort to reduce management layers
00:10and increase efficiency. The latest cuts follow October's elimination of 14,000
00:15rolls and bring total corporate and tech layoffs since then to roughly 30,000.
00:20Executives said the reductions are tied to cost cutting and a strategic shift towards heavy investment
00:25in AI and data centers, though the company insists it is not planning regular
00:30recurring mass layoffs. CEO Andy Jassy has framed the downsizing as part of
00:35a cultural reset to make Amazon operate more like a startup while acknowledging
00:40AI-driven efficiency gains will likely reduce headcount further over time.
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