Business · 31 October 2025
Amazon Cuts 14,000 Jobs, Blames “Culture” Not Money or AI
Amazon CEO Andy Jassy announced 14,000 employee layoffs, attributing the decision to organizational culture rather than financial pressures or AI automation. Jassy explained that rapid company growth created excessive management layers, weakening employee ownership and slowing leadership decisions. The company aims to operate like the “world’s largest startup” by flattening its structure. Despite quarterly sales growing 13% to $180 billion, the cuts have sparked concerns about AI replacing workers. Amazon shares surged 13% following the earnings report.
Reported by CNN Business · How we write briefs