01 Dec 2022, 2:13 AM (GMT)

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Amazon To Layoff 10,000 Employees 

Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times.

The job cuts would be the largest in the company’s history, and would primarily impact Amazon’s devices organisation, retail division and human resources, according to the report. The reported layoffs would represent less than 1% of Amazon’s global workforce and 3% of its corporate employees.

Amazon reported 798,000 employees at the end of 2019 but had 1.6 million full and part-time employees as of December 31 2021, a 102% increase. The New York Times said the total number of layoffs “remains fluid” and could change.

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