Amazon (AMZN) Announces Layoffs in Books Division to Boost Efficiency

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Jun 06, 2025
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Amazon (AMZN, Financial) has announced layoffs in its books division, affecting less than 100 employees, including those at Goodreads and the Kindle department. This move is part of the company's ongoing efforts to enhance efficiency and streamline operations. A company spokesperson emphasized that the decision aligns with their business roadmap and is aimed at optimizing team and project performance.

Amazon has been conducting sporadic layoffs across various departments. Recently, the company reduced positions in its Devices and Services segment, which encompasses a wide range of businesses such as the Alexa voice assistant, Echo hardware, Ring smart doorbells, and Zoox robotic taxis.

CEO Andy Jassy is actively working on reducing bureaucracy within the company by cutting down on management layers. Despite these layoffs, Amazon disclosed last month that it had added approximately 4,000 jobs by the end of the first quarter of this year compared to the end of the fourth quarter last year.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.