Amazon to Cut 16,000 Corporate Positions to Trim Bureaucracy
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The tech firm will offer US-based employees 90 days to search for a new role internally, as well as severance and other transition support, Beth Galetti, Amazonโs senior vice president of people experience and technology said Wednesday in a blog post. Companies across industries have been trimming management layers in the name of becoming leaner and more productive. Just as Amazon was announcing its own layoffs, the chip-making machine giant ASML Holding NV said itโs eliminating 1,700 positions largely targeting managerial roles.
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The tech firm will offer US-based employees 90 days to search for a new role internally, as well as severance and other transition support, Beth Galetti, Amazonโs senior vice president of people experience and technology said Wednesday in a blog post. Companies across industries have been trimming management layers in the name of becoming leaner and more productive. Just as Amazon was announcing its own layoffs, the chip-making machine giant ASML Holding NV said itโs eliminating 1,700 positions largely targeting managerial roles.