Amazon laid off over 14,000 employees in October, particularly affecting engineers, who accounted for nearly 40% of the total.

In October, Amazon announced massive layoffs, with over 14,000 employees laid off, affecting all segments of the company, including cloud, retail, and advertising. Engineers were the most affected, representing nearly 40% of the 4,700 layoffs reported in New York, California, New Jersey, and Washington. This is part of a broader trend in the tech industry, where nearly 113,000 jobs have been eliminated in 2024. CEO Andy Jassy aims for a leaner organization, reducing bureaucracy and management layers. Additionally, Amazon is reallocating resources towards artificial intelligence, which could lead to further job reductions in the future. The layoffs also affected the gaming division, where many significant projects have been halted.