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Amazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bump

TL;DR AI

Key summary

2 min read
  1. Amazon said it has eliminated at least 30,400 jobs since Jan. 1, 2025.

  2. At the same time, CEO Andy Jassy’s total compensation rose to about $2.1 million from nearly $1.6 million in 2024.

  3. The contrast highlights Amazon’s aggressive cost-cutting and restructuring strategy.

  4. The company’s moves also point to a broader push for AI-driven efficiency and organizational change.

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