Which universities did Jeff Bezos, Elon Musk and other top US CEOs go to?
Amazon recently announced plans to cut around 14,000 manager positions by early 2025 in an effort to streamline operations and improve efficiency. This move is expected to save the company up to $3 billion annually. CEO Andy Jassy aims to increase the ratio of individual contributors to managers by at least 15%, fostering a culture of urgency and collaboration, while potentially reducing Amazon’s management workforce from 105,770 to 91,936 globally. The company has not confirmed specific job cuts, as the restructuring could involve reassignment instead of layoffs.
