Layoffs are not due to cost-cutting: Amazon months after 14,000 job cuts

The layoffs at Amazon are intended to simplify the company's structure by reducing layers of management, not as cost-cutting measure, Amazon's SVP for Emerging Markets, Amit Agarwal, told ET. "To operate that way, we need fewer layers. Workforce reductions are primarily about removing those layers," he said. Amazon announced in October that it would cut 14,000 jobs across the company.