Morgan Stanley’s recent analysis reveals that Amazon is considering cutting approximately 14,000 managerial positions to improve efficiency by reducing the number of managers in relation to individual contributors. This cost-saving measure is estimated to save the company between $2.1 billion and $3.6 billion annually. CEO Andy Jassy has emphasized the need to eliminate unnecessary layers to accelerate operations and reduce bureaucracy. This restructuring is expected to be completed by early 2025, as part of Amazon’s broader operational streamlining efforts.
Views:
36