# Amazon Plans Major Job Cuts: 14,000 Corporate Positions on the Chopping Block! 🏢

**URL:** <https://onehack.st/t/amazon-plans-major-job-cuts-14-000-corporate-positions-on-the-chopping-block/292986>\
**Category:** News & Articles\
**Tags:** tools, news\
**Created:** [October 7, 2024, 3:35pm UTC](https://onehack.st/t/amazon-plans-major-job-cuts-14-000-corporate-positions-on-the-chopping-block/292986 "2024-10-07T15:35:00Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [October 7, 2024, 3:35pm UTC](https://onehack.st/t/amazon-plans-major-job-cuts-14-000-corporate-positions-on-the-chopping-block/292986/1 "2024-10-07T15:35:00Z")

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**Summary:**

1. **Job Elimination Plans**  
Amazon is projected to cut approximately **14,000 corporate jobs** by early 2025 as part of ongoing cost-reduction efforts, according to a note from **Morgan Stanley**.

2. **Focus on Management Positions**  
The estimated cuts include around **13,800 manager positions** , aiming to improve the ratio of individual contributors to managers by at least **15%**.

3. **Financial Impact**  
This headcount reduction could result in annual savings of between **$2.1 billion and $3.6 billion** , potentially increasing the company’s operating profit by **3% to 5%** in 2025.

4. **Ongoing Cost-Cutting Measures**  
This follows over **27,000 job cuts** made since late **2022** as part of a significant cost-cutting initiative at Amazon.

5. **Current Workforce**  
As of the end of June, Amazon employed approximately **1.54 million** people worldwide, highlighting the scale of the planned reductions.

**Read more at:** [X (formerly Twitter)](https://x.com/refsrc/status/1843206993814663330)