Amazon Plans to Cut 14,000 Manager Positions
Amazon Plans to Cut 14,000 Manager Positions

Amazon Plans to Cut 14,000 Manager Positions

News summary

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

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