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CNBC

Amazon layoffs hit engineers, gaming division, ad business

CNBC · Just In
CNBC
CNBC
Just In

CNBC's MacKenzie Sigalos reports on the impact of Amazon's massive job cuts of more than 14,000 last month, with the deepest cuts to engineering.

Breakdown
  • Amazon laid off more than 14,000 employees, with the deepest cuts in engineering roles. 3s
  • Nearly 40% of over 4,700 reported layoffs in certain states were mid-level software developers. 8s
  • The layoffs are part of CEO Andy Jassy's plan to streamline the company and improve decision-making. 23s
  • Amazon is reallocating resources toward automation and internal tools, though AI is not cited as the main reason for layoffs. 1m 2s
  • The layoffs also impacted Amazon's gaming division, AI shopping teams, and ad business, with more cuts expected in January. 1m 16s
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