According to information obtained by RTL, Amazon may cut significantly more jobs in Luxembourg than previously expected, with up to 470 positions potentially affected.

Negotiations over a social plan are set to begin next Monday, and a letter from Amazon's management is reportedly on its way to Luxembourg's national employment agency ADEM. Currently, around 4,500 people work for Amazon in the country.

Just last week, PM Luc Frieden met with Amazon's senior leadership in Seattle, where they emphasised Luxembourg's strategic importance for the company. Amazon has maintained its European headquarters in the Grand Duchy for over 20 years and has invested €11 billion locally since 2010.

At the end of last month, news broke that Amazon, the world's largest online retailer, plans to cut around 14,000 jobs globally, mainly in administrative roles. The cuts are linked to cost-saving measures, a correction for overhiring during the COVID-19 pandemic, and a strategic shift toward artificial intelligence. Amazon currently employs around 1.5 million people worldwide. There are growing concerns that additional rounds of layoffs may follow, potentially impacting up to 30,000 jobs in total over several phases.