Amazon has announced plans to cut around 16,000 jobs in a major restructuring effort. Strategic focus Future hiring and investment plans Despite the job cuts, Galetti emphasized that Amazon will continue to hire and invest in strategic areas critical to its future. This comes as part of a broader trend among tech giants like Microsoft and Meta Platforms who have also announced significant job cuts amid economic uncertainties. AdvertisementWorkforce size Workforce and financial performance Amazon's global workforce stands at around 1.55 million employees, according to a filing from last year. Despite the job cuts, the company has been performing very well financially.