Reports: Amazon to announce new round of layoffs

According to a report, Amazon is planning to announce its largest layoffs in company history.

WASHINGTON — Amazon is set to announce a new round of major job layoffs, multiple media outlets reported Monday afternoon.  

According to Reuters, Amazon plans to cut as many as 30,000 corporate jobs starting on Tuesday. The outlet cited three people familiar with the matter. 

While that figure would represent a small percentage of Amazon’s 1.55 million total employees, it would be nearly 10% of the company’s roughly 350,000 corporate employees. 

CNBC also confirmed sweeping job cuts at the e-commerce giant would be coming, with a

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