An American multinational technology company focusing on e-commerce, Amazon is planning to lay off nearly 10,000 employees. The layoffs will be starting as soon as this week.
The employees will be affected in its corporate and technology sectors. This layoff will affect nearly three percent of Amazon’s corporate employees and less than one percent of its global workforce.
The current job cuts will be the largest in the company’s history. The cuts, earlier reported by the New York Times. According to reports, job cuts are expected in Amazon’s devices organization, including the voice-assistant Alexa, along with its retail division and human resources.
The company already froze hiring in September. In October, the company stopped hiring for more than 10,000 open roles in its core retail business.
Amazon also stopped corporate hiring across. The company from April- September reduced its headcount by almost 80,000 people.
Currently, Amazon employs more than 1.5 million employees globally, which includes hourly staff. This report of layoffs follows headcount reductions at other tech firms.
Most recently, Meta announced that the company is laying off more than 13% of its staff, or more than 11,000 employees.
On the other hand, Twitter laid off approximately half its workforce in the days following Elon Musk’s $44 billion acquisition of the company.