One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.

“We do know that Amazon’s headcount is the largest in the Puget Sound area. So either way, this could have a big impact on kind of the local economy here, as we could see lots and lots and lots of employees lose their jobs almost overnight,” said Pasion.

Amazon is reportedly planning to lay off up to 30,000 corporate employees, representing nearly 10% of its corporate workforce. These significant cuts, expected to begin soon and impact the US, UK, and Canada,

Amid the wave of hype over artificial intelligence, a growing chorus of fear has sprung around software engineering, where executives are threatening to automate swaths of work. But an ongoing overhaul at America’s second-largest private employer has a more immediate warning — already on warehouse floors.

Amazon, the e-commerce giant, is reportedly preparing for another wave of massive layoffs among its workforce, even as it commits billions of dollars to advance its artificial intelligence initiatives.

Amazon to cut 30,000 corporate positions from Tuesday as part of a major restructuring effort? The layoffs will affect several divisions as the company adjusts post-pandemic hiring levels. This move follows earlier job reductions and aims to streamline operations ahead of the companys quarterly earnings announcement.