Amazon reports strong third quarter and separately confirms 14,000 job cuts

In two separate announcements, Amazon revealed strong third quarter results and confirmed its intention to cut 14,000 jobs worldwide. The company did not link the layoffs to its financial performance
“We continue to see strong momentum and growth across Amazon as AI drives meaningful improvements in every corner of our business”, said Andy Jassy, President and CEO of the e-commerce giant.
In the third quarter of 2025, the company’s total net sales increased by 13% to reach 180.2 billion US dollars, as compared with the same period last year. Excluding the favourable impact of year-on-year changes in foreign exchange rates, which amounted to 1.5 billion US dollars, net sales increased by 12%.
During the period, the North America segment contributed 106.3 billion US dollars to total net sales, up by 11% year-on-year; the International segment contributed 40.9 billion US dollars, up by 14% year-on-year; and the AWS segment contributed 33.0 billion US dollars, up by 20% year-on-year.
In the third quarter of this year, Amazon’s operating income remained at 17.4 billion US dollars, including 2.5 billion US dollars in charges from an FTC legal settlement and an estimated 1.8 billion US dollars in severance costs. Excluding these charges, operating income would have reached 21.7 billion US dollars.
In the three months ending in September, the company’s net income was 21.2 billion US dollars, or 1.95 US dollars per diluted share, as compared to 15.3 billion US dollars, or 1.43 US dollars per diluted share, in the same period of 2024.
Job Cuts
Shortly before the announcement of the third quarter results, Beth Galetti, the company's Senior Vice President of People Experience and Technology, provided an update on the ongoing organisational changes at the company aimed at “reducing layers, increasing ownership, and helping reduce bureaucracy”.“While this will include reducing in some areas and hiring in others, it will mean an overall reduction in our corporate workforce of approximately 14,000 roles”, she announced.
Amazon said it would support employees affected by the job cuts by giving most of them 90 days to seek internal opportunities, with recruiting teams prioritising them for open roles. Those leaving the company will receive severance pay, outplacement services, and health benefits.
“This generation of AI is the most transformative technology we’ve seen since the Internet, and it's enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones)”. “We’re convinced that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business”, she emphasised.
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