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(AI) will likely claim 14,000 corporate jobs in e-commerce giant Amazon by early this year as the firm eyes cost cuts for its worldwide operations.u0026nbsp;”,”handpicked”:false,”audienceTags”:null,”autoBackLinked”:false,”aiContent”:false,”aiContentType”:null,”removeAds”:false,”contextualKeyword”:”Topic_lm_137,Emo_anticipation,Hour_17,Day_Tuesday”,”embedAmazonCount”:0,”embedCromaCount”:0,”embedFlipkartCount”:0,”embedSnapdealCount”:0,”tableOfContentsHeading”:[],”performanceArticleType”:null,”prContextualKeywords”:null,”sectionId”:1544079234425,”subSectionId”:1544684604185,”typeOfFormat”:null,”crawledWidgetType”:null,”crawledWidgetData”:null,”selectedStream”:null},”isDeleted”:0,”expiryDate”:null,”listRelatedStories”:null,”type”:”story”,”relatedStories”:null,”listElement”:[{“id”:11742300753755,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eE-commerce major Amazon Inc. is set to layoff 14,000 managerial jobs by early 2025 as the trillion-dollar company aims to save costs, reported multiple media outlets on Tuesday, March 18.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742300753755,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eAs per the reports, the company seeks to save between $2.1 billion and $3.6 billion annually after this 13 per cent u003ca class=”manualbacklink” target=”_blank” href=”https://www.livemint.com/companies/news/trump-orders-cabinet-chiefs-not-musk-s-doge-to-cut-workforce-11741289898289.html”u003eworkforceu003c/au003e reduction. These managerial job cuts will bring down the number of managers in the firm to 91,936 managers, compared to the current level of 1,05,770 managers.u0026nbsp;u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742300753277,”articleType”:”element”,”name”:””,”title”:””,”type”:”alsoread”,”subType”:””,”paywallElement”:false,”alsoReadStories”:{“11690504509167″:”Amazon lays off hundred employees of its Fresh Grocery stores in the US”},”alsoReadStoryIdList”:[11690504509167],”alsoReadStoriesUrl”:{“11690504509167″:”/companies/news/amazon-lays-off-hundred-employees-in-its-fresh-grocery-stores-as-part-of-restructuring-plan-usa-job-cuts-zone-lead-11690504509167.html”}},{“id”:11742299422519,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eManaging Partner and Chief Investment Officer (CIO) of Complete Circle, Gurmeet Chadha, in a u003ca class=”manualbacklink” target=”_blank” href=”https://www.livemint.com/topic/social-media”u003esocial mediau003c/au003e post on platform X, called out Amazon, expressing that these job cuts are just full of industry jargon and advancement of artificial intelligence.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742299422519,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003e“Amazon is laying off 10000 more people after laying off 18k in November. They call their HR heads as People experience head, chief people officer and fancy names.. employees r called families. Sab drama!!” said Chadha.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742299422519,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eThe CIO also highlighted that AI or any otheru003ca class=”manualbacklink” target=”_blank” href=”https://www.livemint.com/topic/technology”u003e technologyu003c/au003e which brings misery to people is ‘useless’.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742299422519,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003e“Call me old school but I value people more than anything else. Any innovation as Guru Nanak Devji said, shud keep people welfare ( Sarbat da bhalla) as the core,” he said.u0026nbsp;u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742300770304,”articleType”:”element”,”name”:””,”title”:””,”type”:”alsoread”,”subType”:””,”paywallElement”:false,”alsoReadStories”:{“11742117690542″:”BIS cracks down on e-commerce platforms like Amazon and Flipkart”},”alsoReadStoryIdList”:[11742117690542],”alsoReadStoriesUrl”:{“11742117690542″:”/companies/news/bis-cracks-down-on-e-commerce-platforms-like-amazon-and-flipkart-11742117690542.html”}},{“id”:11742299421927,”articleType”:”element”,”name”:””,”title”:””,”type”:”embed”,”subType”:””,”paywallElement”:false,”embed”:{“url”:””,”body”:”u003cblockquote class=”twitter-tweet”u003eu003cp lang=”en” dir=”ltr”u003eAmazon is laying off 10000 more people after laying off 18k in Novemberu003cbru003eu003cbru003eThey call their HR heads as People experience head, chief people officer and fancy names.. employees r called families.u003cbru003eu003cbru003eSab drama!! u003cbru003eu003cbru003eAI or any disruption which brings misery to ur own people is useless.…u003c/pu003eu0026mdash; Gurmeet Chadha (@connectgurmeet) u003ca href=”https://twitter.com/connectgurmeet/status/1901704407588442224?ref_src=twsrc%5Etfw”u003eMarch 17, 2025u003c/au003eu003c/blockquoteu003e u003cscript async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″u003eu003c/scriptu003e”,”option”:null,”title”:””,”backgroundColor”:””,”fontColor”:””,”labelEnabled”:false,”label”:{“text”:””,”backgroundColor”:””,”fontColor”:””},”body2″:””},”amazonAds”:[],”newAmazonAdsMeta”:null},{“id”:11742303322573,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003ch2u003eAmazon’s plan for job cutsu003c/h2u003eu003cpu003eAccording to a u003ciu003eBusiness Insideru003c/iu003e report from Janaury 2025, u003ca class=”manualbacklink” target=”_blank” href=”https://www.livemint.com/news/trends/amazon-layoffs”u003eAmazonu003c/au003e told some of its managers to increase their direct reports, make fewer senior recruitments, and reduce the payments for some employees, as per people aware of the development.u0026nbsp;u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742303322233,”articleType”:”element”,”name”:””,”title”:””,”type”:”alsoread”,”subType”:””,”paywallElement”:false,”alsoReadStories”:{“11742301783141″:”Google signs its largest acquisition to buy cybersecurity firm Wiz for $32 bn”},”alsoReadStoryIdList”:[11742301783141],”alsoReadStoriesUrl”:{“11742301783141″:”/market/stock-market-news/google-signs-its-largest-ever-acquisition-deal-to-buy-cybersecurity-firm-wiz-for-32-billion-11742301783141.html”}},{“id”:11742297927878,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eIn September 2024, Amazon’s Chief Executive Officer (CEO) Andy Jassy announced his plans to increase the ratio of individual contributors to managers by 15 per cent by March 2025 end.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742297927878,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eReducing the layers in the corporate ladder, Amazon aims to “decrease bureaucracy” and increase speed in the company, reported the news portal.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742297927878,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eThis move from the firm intends to shake up the management structure completely, and layoffs are likely to impact thousands of Amazon corporate employees, according to the news portal’s report.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false},{“id”:11742297927878,”articleType”:”element”,”name”:”paragraph”,”title”:””,”type”:”paragraph”,”subType”:null,”paywallElement”:false,”paragraph”:{“body”:”u003cpu003eAmazon shares were trading 1.28 per cent lower at $193.36 ahead of Tuesday’s u003ca class=”manualbacklink” target=”_blank” href=”https://www.livemint.com/topic/wall-street”u003eWall Streetu003c/au003e Session, compared to $195.74 at the previous u003ca class=”manualbacklink” target=”_blank” href=”https://www.livemint.com/topic/us-markets”u003eUS marketu003c/au003e close.u003c/pu003e”},”bgParaColor”:{“name”:””,”code”:””},”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:false}],”amazonAds”:null,”flipkartAds”:null,”cromaAds”:null,”containAffiliateEmbed”:false,”affiliateEmbedHeadline”:true,”headline”:”Amazon Layoffs: AI likely to claim 14,000 corporate jobs by early this year as firm eyes cost cuts”,”summary”:”Amazon Layoffs: Artificial Intelligence (AI) will likely claim 14,000 corporate jobs in e-commerce giant Amazon by early this year as the firm eyes cost cuts for its worldwide operations.u0026nbsp;”,”quickReadSummary”:””,”mobileHeadline”:”Amazon Layoffs: AI likely to claim 14,000 corporate jobs by early this 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