WORLD NEWS FOR MONTENEGRO DIASPORA
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In what marks one of the largest layoffs in the company’s history, Amazon has confirmed plans to cut around 30,000 jobs globally, citing the need to streamline operations and adapt to changing market conditions.
The e-commerce and tech giant stated that the decision was driven by a slowdown in growth, rising operational costs, and the company’s shift toward automation and artificial intelligence tools. The layoffs are expected to affect multiple divisions, including corporate, logistics, and cloud computing sectors.
According to initial details, most of the reductions will take place over the coming months, with some departments already beginning the restructuring process. Employees have reportedly been notified about severance packages and internal support programs designed to help them transition to new roles.
Analysts say this move signals a broader shift in the tech industry, as major companies reassess their workforce sizes following rapid expansions during the pandemic era. Amazon had significantly increased hiring between 2020 and 2022 to meet the surge in online shopping demand, but with global consumer spending tightening, the company now appears to be recalibrating.
Despite the cuts, Amazon emphasized that it will continue to invest in key growth areas, including artificial intelligence development, logistics technology, and renewable energy projects. Company leadership described the restructuring as a difficult but necessary step to ensure long-term competitiveness.
The announcement has sparked concern among employees and unions, with some calling for greater transparency and fairer treatment for those affected. Still, Amazon maintains that the layoffs are part of a strategic reorganization, not a signal of financial instability.
With this move, Amazon joins several major tech corporations that have initiated large-scale workforce reductions this year, reflecting a growing trend of cost-cutting and consolidation across the industry.
Author: M.J
