Business
Amazon has announced a fresh round of job cuts, eliminating around 16,000 corporate roles globally as part of an ongoing restructuring effort. The move is aimed at reducing costs and streamlining management layers amid a changing economic environment. Focus on Efficiency and Restructuring The company said the layoffs are concentrated largely in corporate and administrative
Business
Amazon is preparing to announce a fresh round of corporate job cuts as early as next week, as part of a broader plan to reduce its white-collar workforce by nearly 30,000 roles. The move is part of ongoing cost-cutting and restructuring efforts across the company. Teams Likely Affected The planned layoffs are expected to impact […]
Business
Logistics startup Porter has laid off between 300 and 350 employees as part of an internal restructuring aimed at improving efficiency and streamlining operations. The layoffs reportedly affect teams across multiple departments, including technology, operations, and support functions. The company has not publicly confirmed the exact number of affected employees. Reason
Business
Digital commerce giant Amazon is set to reduce its corporate workforce by up to 30,000 employees, representing nearly 10 percent of its estimated 350,000-strong corporate staff. This would mark the company’s largest job-cutting exercise since the 27,000 layoffs in late 2022 and early 2023. Reason Behind The Cuts Executives cited over-hiring during the pandemic, rising […]
Business
Retail giant Target has announced plans to eliminate about 1,000 current corporate jobs and scrap nearly 800 open positions, cutting roughly 8% of its global corporate workforce. The restructuring move is aimed at simplifying operations and improving efficiency. CEO Cites Too Many Layers Incoming CEO Michael Fiddelke, set to take over in early 2026, said […]
International
A U.S. federal judge has issued a temporary restraining order that bars the Trump administration from proceeding with layoffs of thousands of federal workers during the ongoing government shutdown. Judge’s reasoning Judge Susan Illston of the U.S. District Court in San Francisco found that the planned job cuts “appear politically motivated” and lack proper justification.