Will Amazon layoff in 2024?

Amazon Layoffs in 2024

Amazon has already started laying off employees in 2024 and is expected to continue cutting jobs throughout the year. These layoffs are part of the company's ongoing efforts to optimize operations and reduce costs following a period of significant hiring during the pandemic. While the total number of layoffs may not be as large as in 2023, when Amazon cut over 27,000 jobs, it is still implementing targeted reductions across various divisions.

Areas Impacted by Layoffs

In 2024, Amazon has already begun layoffs in several key areas:

• AWS (Amazon Web Services): Amazon announced layoffs in its AWS division, including roles in Sales, Marketing, and Global Services. These cuts are part of a strategy to shift toward self-serve digital training and reduce duplication of roles.
• Customer Service: Amazon has also reduced its customer service workforce, with layoffs affecting employees in both the U.S. and India.
• Advertising and Twitch: The company's advertising and Twitch units were also affected, with workforce reductions as Amazon continues to streamline operations.

Reasons for Layoffs

Amazon's layoffs are driven by several factors:

• Pandemic Over-Hiring: Amazon ramped up hiring during the COVID-19 pandemic to meet the surge in online shopping and service demands. As those demands have normalized, the company is now adjusting its workforce.
• Cost-Cutting Measures: Like many large corporations, Amazon is implementing cost-saving initiatives in response to economic pressures, including inflation and changing consumer behaviors.
• Business Priorities: The company is shifting its focus toward more profitable areas such as AWS, advertising, and generative AI, which has led to layoffs in areas that are not aligned with these priorities.

Looking Ahead

While Amazon's layoffs in 2024 are not expected to reach the scale of previous years, the company is likely to continue making adjustments to its workforce based on business needs. Employees in underperforming or less critical divisions could be at risk of future cuts as Amazon continues to focus on streamlining its operations and enhancing profitability.