India, March 21 -- E-commerce giant Amazon Inc. is reportedly planning to cut 14,000 managerial positions by early 2025 in a major cost-cutting move. The Financial Express reported that the company is expected to save between $24.7 million and $42.4 million ( Rs.210 crore and Rs.360 crore) annually with the mass firings.
According to the report, the layoffs will account for a 13% reduction in Amazon's global management workforce. With the firings, the total number of managers at the Jeff Bezos-led organization will drop from 1,05,770 to 91,936.
As per internal messages reportedly seen by Business Insider, the tech giant fired people in its Fashion and Fitness group in January 2025. An Amazon spokesperson told the outlet: "We're always l...
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