Amazon to cut thousands of jobs in sweeping corporate layoffs

Amazon is planning to cut thousands of jobs as part of a broader push to eliminate nearly 10% of its corporate workforce, according to Reuters.

After initially cutting roughly 14,000 white-collar jobs in October, Amazon is expected to launch a second round of layoffs impacting a similar number of employees, with an overall target of about 30,000 jobs, although the scope may change, according to two sources cited by Reuters.

If fully realized, the cuts would amount to the largest layoffs in Amazon’s history...