The timing adds another layer of complexity, coming just after a disruptive 15-hour outage in AWS that hampered services including Snapchat and Venmo, drawing scrutiny to the unit's reliability. Yet, Amazon is counterbalancing the austerity with seasonal hiring, planning to onboard 250,000 temporary workers for the upcoming holiday rush.
Internally, the PXT unit is undergoing a reorganisation in its diversity-focused segment, which includes elevating some employees into expanded roles as part of the efficiency overhaul. Shares in Amazon climbed 1.2% to $226.97 during Monday's trading, buoyed perhaps by perceptions of fiscal prudence amid economic headwinds. For affected employees, the transition could prove challenging, particularly in a job market still recovering from prior waves of downsizing.
Amazon Set to Slash Up to 30,000 Corporate Positions in Sweeping Cost-Cutting Drive : Reports

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"Amazon Set to Slash Up to 30,000 Corporate Positions in Sweeping Cost-Cutting Drive : Reports"
— Reported by Ntt Desk



