Highlights
- The report highlighted that the total number of layoffs wasn’t clear, and the 10,000 that are about to lose their job comprise around three percent of the e-commerce giant’s corporate employees
- Most of the cutoffs will be seen in Amazon’s devices division, which includes Alexa-enabled devices, as well as its retail and human resources division
After Twitter and Meta, Amazon plans on laying off 10,000 of its staff in the coming days, reveals a New York Times report.
As per the report, the employees in the corporate and technology jobs are expected to be axed as soon as this week.
The report highlighted that the total number of layoffs wasn’t clear, and the 10,000 that are about to lose their job comprise around three percent of the e-commerce giant’s corporate employees and less than one percent of its global workforce of over 1.5 million, a majority of whom are hourly employees.
Most of the cutoffs will be seen in Amazon’s devices division, which includes Alexa-enabled devices, as well as its retail and human resources division.
The news for layoffs arrives just a day after Amazon founder Jeff Bezos told CNN that he intends to give away a majority of his $124 billion net worth to charities in his remaining lifetime.
Things have been difficult at Amazon for a while though. As per the report, from April to September, the giant company slashed its staff count by almost 80,000, mainly cutting down its hourly staff through high attrition.
As per the report, Amazon also froze hiring in many smaller teams throughout September. In October, it stopped hiring for over 10,000 open roles in its core retail business. Just two weeks back it froze corporate hiring across the company, including its cloud computing division, for the next few months.
It only goes to show the state the global economy currently is in, forcing a company that reported its most profitable era on record during the pandemic, to slash its workforce at this level.
