Amazon Restructures Workforce, Slashes Luxembourg Jobs, Doubles Down On AI - Amazon.com (NASDAQ:AMZN)
Amazon will cut 8.5% of its Luxembourg workforce, offering severance above industry norms as part of global restructuring focused on AI and cost reduction.
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Amazon Restructures Workforce, Slashes Luxembourg Jobs, Doubles Down On AI - Amazon.com (NASDAQ:AMZN)
Amazon plans to cut 370 jobs in Luxembourg as part of a broader global restructuring, balancing cost controls with heavy AI and cloud investments amid rising expenses.
Amazon Plans 370 Layoffs In Luxembourg Amid Global: AI Behind It?
Amazon’s global restructuring plans are now being felt closer to home in Europe. The company is set to cut 370 jobs at its European headquarters in Luxembourg, marking the largest round of layoffs in the country in more than two decades. The move follows Amazon’s earlier announcement to reduce its global workforce by around 14,000 roles as it reshapes teams and shifts focus toward long-term priorities, including artificial intelligence. Why Luxe…
Amazon Cuts 370 Jobs at Luxembourg HQ in AI Pivot - Business League
Amazon is trimming its workforce in Luxembourg, and it’s the biggest corporate layoff the tiny nation has seen in two decades. Around 370 roles are being cut at the company’s European headquarters. And then this follows weeks of back-and-forth negotiations with local unions and the government to bring that number down from an initial 470. The thing is, even though 370 sounds like a drop in the bucket for a giant like Amazon, it’s a massive hit f…
Amazon confirmed the abolition of 370 posts at its European headquarters in Luxembourg, a decision part of a global restructuring plan. This measure, the most important in the country since 2006, highlights the tensions between the practices of the tech giants and the Luxembourg social model, while posing a major challenge for the many foreign employees affected by this situation.
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