Although 30,000 represents a small portion of Amazon’s 1.58 million employees, who are mostly in fulfillment centers and warehouses, it is nearly 10% of its corporate workforce and represents the largest job cuts in its three-decades, surpassing the 27,000 it pared between late 2022 and early 2023.

Amazon is cutting another 16,000 jobs as the technology giant continues to remake itself in “a world that’s changing faster than ever,” as noted in a memo to staff Wednesday from Beth Galetti, who leads human resources operations for the company.

Amazon (NASDAQ:AMZN) just announced it’s shutting down both its Amazon Go convenience stores and Amazon Fresh grocery locations, marking a dramatic retreat from physical retail. The company cited failure to achieve “a truly distinctive customer experience with the right economic model needed for large-scale expansion.