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
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.
Related News Articles
Aadhar Housing Finance Eyes Sustained Growth of Over 20% in Disbursements and Asset Base
Aadhar Housing Finance projects disbursements and assets under management to grow at over 20% this year
No Reversal on Real Estate LTCG Tweaks: Government Stands Firm
Government sources have confirmed that there will be no reevaluation of the changes made to Long Term Capital Gains tax (LTCG) in the Union Budget, despite concerns over the removal of Indexation benefit on property sales.
Navigating the Industrial REIT Landscape: A SWOT Analysis of EastGroup Properties
EastGroup Properties, a real estate investment trust (REIT) specializing in industrial properties, is at a crossroads in the ever-evolving industrial REIT landscape.
Godrej Group Makes Major Move in Mumbai Real Estate by Acquiring Land for Rs 81 Crore
In a strategic move, Godrej Group, through its real estate subsidiary Anamudi Real Estates, has acquired a significant plot of land in the bustling city of Mumbai for Rs 81 crore. This acquisition marks a major step in the company's expansion plans in one
Why Pattaya is the Next Big Thing for Indian Property Investors
A luxury sea-view condo in Pattaya costs as much as a mid-range apartment in Mumbai. Discover why Pattaya is quickly becoming a hot spot for Indian property investors, offering exceptional value and potential returns.
Akshaya Tritiya: Can It Spark a Surge in Real Estate Demand?
With reduced EMIs making home loans more affordable, Akshaya Tritiya could be the catalyst for a surge in real estate demand, especially in the luxury and high-end market segments.