Article 65X4G Amazon Will Reportedly Lay Off 10,000 Employees

Amazon Will Reportedly Lay Off 10,000 Employees

by
hubie
from SoylentNews on (#65X4G)

An Anonymous Coward writes:

It's a bad month for layoffs in tech

The big tech layoffs are continuing apace, and it seems nobody is safe. Following this month's massive staff cuts at Twitter and Meta, the New York Times reports that Amazon is now planning to let go of approximately 10,000 employees. Happy holidays, I guess.

Amazon's upcoming job cuts will reportedly impact its corporate employees, specifically its retail division, human resources, and the team working on the company's devices (which includes voice assistant Alexa).

Considering that Amazon employs over 1.5 million people across the globe, 10,000 workers laid off may not seem like a significant percentage from the company's perspective. It amounts to about 0.7 percent of Amazon's employees, which is a considerably smaller relative reduction than Twitter's Elon Musk-induced layoffs that cut its workforce by around 50 percent.

A reduction in force, or perhaps they're making room for picking up some of the high performing Twitter talent who were let go? [hubie]

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