Amazon Plans To Cut 15% Of HR Staff, More Layoffs Expected Across Divisions: Report
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Amazon.com Inc. is reportedly planning to lay off up to 15% of its human resources team, known as PXT, as part of a broader restructuring amid increased AI investments. The cuts may also affect other departments, despite the company’s recent announcement to hire 250,000 seasonal workers. The exact number and timing of layoffs remain undisclosed. Amazon's stock has performed well, rising 20.49% over the past six months, with the company ranked in the 93rd percentile for growth.
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