Amazon plans to cut 13% of its managerial workforce, amounting to around 14,000 job losses. The cuts are part of a larger plan to save between $2.1 billion and $3.6 billion per year. The company's ...

The savings will be approximately 3 per cent to 5 per cent of the company’s estimated operating profit for next year. Amazon has over 1.5 million employees in total. Most of these employees are ...