Amazon Plans to Downsize: 14,000 Managerial Roles at Risk by 2025

E-commerce giant Amazon is considering a significant reduction in its managerial workforce, with up to 14,000 roles at risk of being cut as early as 2025.

AmazonDownsizingManagerial RolesEcommerceJob CutsReal EstateOct 05, 2024

Amazon Plans to Downsize: 14,000 Managerial Roles at Risk by 2025
Real Estate:Amazon, the world's largest online retailer, is reportedly planning to downsize its managerial workforce. According to sources, the company is considering cutting up to 14,000 managerial roles as early as 2025. This move is seen as a strategic effort to streamline operations and reduce costs.\n\nThe planned downsizing is expected to affect various departments within the company, including human resources, finance, and marketing. While the exact number of job cuts is yet to be confirmed, sources suggest that it could be one of the largest layoffs in the company's history.\n\nAmazon's decision to downsize comes at a time when the company is facing increasing competition from rival e-commerce platforms. The company has been investing heavily in new technologies, including artificial intelligence and cloud computing, in an effort to stay ahead of the competition.\n\n Amazon is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. Founded in 1994 by Jeff Bezos, the company is headquartered in Seattle, Washington, and has become one of the world's largest and most influential companies.\n\n Information The e-commerce industry has experienced rapid growth in recent years, with online shopping becoming increasingly popular. However, this growth has also led to increased competition, with companies like Amazon facing challenges from rival platforms. In response, Amazon has been investing in new technologies and streamlining its operations to remain competitive.

Frequently Asked Questions

How many managerial roles is Amazon planning to cut?

Up to 14,000 roles are at risk of being cut.

When is the planned downsizing expected to take place?

As early as 2025.

Which departments will be affected by the downsizing?

Various departments, including human resources, finance, and marketing.

Why is Amazon downsizing its managerial workforce?

To streamline operations and reduce costs in response to increasing competition.

What has Amazon been investing in to stay ahead of the competition?

New technologies, including artificial intelligence and cloud computing.

Tags:

Related News Articles

Signature Global Achieves Impressive Rs.27.8 Billion in Pre-Sales
real estate news

Signature Global Achieves Impressive Rs.27.8 Billion in Pre-Sales

In a significant milestone, Signature Global reports Rs.27.8 billion in pre-sales, signaling a strong revival in the real estate market. The company's robust financial performance underscores its commitment to addressing the housing shortage in urban area

October 9, 2024
Read Article
GST Deadline Extended for Maharashtra and Jharkhand Due to Elections
Real Estate Maharashtra

GST Deadline Extended for Maharashtra and Jharkhand Due to Elections

The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for GST taxpayers in Maharashtra and Jharkhand to file their GSTR-3B returns for October, allowing them to participate in the legislative assembly elections without overlappi

November 18, 2024
Read Article
Rate Cuts Likely to Enhance Home Affordability Over the Next 12 Months
real estate news

Rate Cuts Likely to Enhance Home Affordability Over the Next 12 Months

NEW DELHI: India's residential real estate market is poised to witness a significant boost in affordability over the next 12 months, driven by anticipated rate cuts and other economic factors.

November 28, 2024
Read Article
India's REIT Market Booms with Rs 4.5 Lakh Crore Worth of Prime Office Stock
Real Estate

India's REIT Market Booms with Rs 4.5 Lakh Crore Worth of Prime Office Stock

India's real estate investment trusts (REITs) are poised to transform the commercial real estate landscape with a staggering Rs 4.5 lakh crore worth of prime office stock, according to a recent Vestian report.

December 3, 2024
Read Article
MMRCL Temporarily Pauses Plan to Lease SoBo Land in Nariman Point
Real Estate Mumbai

MMRCL Temporarily Pauses Plan to Lease SoBo Land in Nariman Point

Mumbai: The Mumbai Metro Rail Corporation (MMRCL) has put on hold its plan to lease a 4.2-acre land parcel in Nariman Point for property development, citing various logistical and operational concerns.

January 18, 2025
Read Article
Homebuyer Wins Case Against Builder: Rs 47 Lakh Refund Ordered by Goa RERA
Real Estate

Homebuyer Wins Case Against Builder: Rs 47 Lakh Refund Ordered by Goa RERA

The Goa Real Estate Regulatory Authority (RERA) has mandated Alchemy India to refund Rs 47.40 lakh to Jatinder Narang within 60 days for failing to provide possession of the flat.

February 6, 2025
Read Article