Posted by Amazon acknowledges layoffs and emails about 10,000 affected employees.
Amazon will reduce its global staff by about 3%. confirms that mail-based notification of layoffs has already been received by affected employees.
Summery,
Because of the hazy macroeconomic environment, Amazon begins to lay off employees.
Around 10,000 employees across all divisions will be let go by Amazon.
Company will help laid-off workers find new jobs.
Due to recent losses, Amazon has begun to reduce its employees in order to take cost-cutting measures. This week, the corporation reportedly plans to let go of close to 10,000 people across all departments. The hiring process began on Wednesday, but the tech company provided no public information. Finally, Amazon has acknowledged that it will be reducing its personnel owing to “unusual and uncertain macroeconomic situations” in a recent notification.
David Limp, Senior Vice President of Devices and Services at Amazon, acknowledged in a public statement that the company has already been informed of the affected employees’ layoffs and that it “will continue to work closely with each individual to provide support, including assisting in finding new roles.”
The week before, Amazon and Facebook parent company Meta both disclosed layoffs. Last week, Facebook cut 11,000 jobs, or 13% of its workforce. The corporation has never before in its history reduced its personnel, let alone on such a big scale. However, Mark Zukerberg made the decision to restructure cost-cutting efforts due to declining income and unfavourable macroeconomic conditions. Elon Musk, the CEO of Twitter, also let go of half of its 7,500 global employees, or 3,700 of them, claiming the need for the business to find new sources of income in order to “survive the impending economic crisis.”