Amazon: mass layoffs in its engineering teams, despite its innovation-focused strategy

marketscreener
2025.11.21 14:45
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Amazon has laid off over 14,000 employees, marking its largest layoff round in history. Nearly 40% of the 4,700 roles cut in Washington, New York, California, and New Jersey were in engineering. The layoffs affected various sectors, including video games, advertising, and AI research. CEO Andy Jassy cites the need for a leaner organization post-pandemic hiring. Despite the cuts, Amazon aims to maintain innovation with smaller teams and has launched Kiro, a coding assistant, to stay competitive in AI. The restructuring may continue into 2026.

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