Amazon’s layoffs won’t hurt Atlanta’s largest landlord. But it is watching.

November 3, 2025

Cousins Properties CEO says recent layoffs are not indicative of declining office needs and could prelude an uptick in demand.

Amazon leases nearly 1.5 million square feet across five buildings owned by Cousins, including about 121,000 square feet in Buckhead’s Terminus complex. (Keizers/WikiMedia)

As an office landlord, seeing your largest tenant announce 14,000 layoffs is often a bad omen.

But the CEO of Atlanta-based Cousins Properties, whose largest office tenant nationwide is Amazon, told investors Friday he’s not concerned about the e-commerce giant’s plans.

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Colin Connolly (left), CEO of Cousins properties, with Atlanta Mayor Andre Dickens (right). Amazon leases nearly 1.5 million square feet across five buildings owned by Cousins. (Miguel Martinez/AJC)

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Amazon announced last week its corporate worker layoff plans, citing a need to reduce bureaucracy and the growth of artificial intelligence. (Miguel Martinez/AJC 2024)

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