Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 47 days ago
- Bias Distribution
- 100% Left
Amazon Plans to Cut 14,000 Manager Positions
Amazon is set to eliminate approximately 14,000 managerial positions by early 2025 as part of a restructuring effort aimed at saving between $2.1 billion and $3.6 billion annually. This initiative aligns with CEO Andy Jassy's strategy to increase the ratio of individual contributors to managers by 15%, thereby enhancing operational efficiency and decision-making speed. Currently, managerial roles account for about 7% of Amazon's workforce, with the number expected to decrease from 105,770 to around 91,936. The estimated annual cost of each managerial position ranges from $200,000 to $350,000, contributing to significant potential savings for the company. Furthermore, Jassy has introduced a
- Total News Sources
- 1
- Left
- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 47 days ago
- Bias Distribution
- 100% Left
Negative
20Serious
Neutral
Optimistic
Positive
Related Topics
Stay in the know
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.