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Investing.com-- Amazon (NASDAQ:AMZN) is preparing to cut as much as 15% of staff in its human resources division, with additional layoffs expected in other parts of the company, Fortune reported on Tuesday, citing multiple sources familiar with the plans.
The cuts will heavily impact Amazon’s People eXperience and Technology (PXT) team, which has more than 10,000 employees globally, including recruiters and technology staff, according to the report. The total number of layoffs and their timing remain unclear.
The move comes as Amazon looks to trim employee costs while ramping up investment in artificial intelligence infrastructure and products. The company has said it plans to spend over $100 billion this year on capital expenditures to build cloud and AI data centers.
The planned reductions follow Amazon’s largest-ever job cuts in 2022-23, when it eliminated 27,000 corporate roles, and come as CEO Andy Jassy pushes to boost efficiency through extensive AI adoption.