Amazon layoffs / Amazon will lay off 10,000 employees, has already thrown out 1 thousand people

Zoom News : Nov 15, 2022, 09:21 AM
Amazon layoffs: E-commerce website Amazon is planning to remove a large number of employees from here. The New York Times has reported that Amazon is planning to lay off around 10,000 people working in the corporate and IT sector as soon as this week. These retrenchments will be done from among the employees working around the world.

what is the reason

The effects of recession are beginning to be seen in the world. Big companies are laying off one after the other. After big companies like Facebook, Twitter and Snapchat, now Amazon is also going to fire people working here.

According to a report in Daily Mail, after Twitter and Meta, e-commerce company Amazon has now laid off its employees in those units which are new and have failed to make profit this year.

The company was already reviewing

The Wall Street Journal recently reported that Inc. is reviewing its businesses that are unable to generate revenue. This includes the device unit and voice assistant Alexa. After a month-long review, Amazon has asked employees of its units to look for jobs elsewhere, from which the company was unable to make profits. While some teams have been asked to redeploy employees to more profitable areas and to lay off teams in areas such as robotics and retail. After taking all these things into consideration, the company had fired 1000 people.