Engineering Roles
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Amazon’s Record Layoffs: Thousands of Engineers Cut, Filings Reveal
Amazon’s recent layoffs, impacting over 14,000 employees, disproportionately affected engineering roles, accounting for nearly 40% of cuts in key states. This aligns with a broader tech industry trend of job reductions driven by market downturns and a reassessment of growth prospects. CEO Andy Jassy aims to create a leaner “startup” culture, while also strategically shifting towards increased investment in AI. The cuts impacted various divisions, including gaming, visual search, and advertising, reflecting a cost-cutting strategy focused on efficiency and new technologies.