The article also stated that the final number of layoffs remained a moving target. The job cuts will concentrate on the e-commerce giant’s devices unit, which contains voice-assistant Alexa, as well as its retail segment and human resources.
Amazon.com Inc is planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, the New York Times reported on Monday, citing people with knowledge of the matter.
According to the article, which also stated that the final number of layoffs remains a moving target, the job cuts will concentrate on the e-commerce behemoth’s retail segment, human resources, and gadgets unit, which contains voice-assistant Alexa. A request for comment from Reuters was not immediately answered by the corporation.
Amazon had more than 1.6 million full- and part-time employees as of December 31, 2017, and it just announced it would pause corporate hiring for the foreseeable future.
The announcement comes just after Amazon issued a growth slowdown warning for the crucial holiday season, when it generates the most sales, citing a decrease in consumer and company spending owing to rising prices. Amazon is the most recent American firm to drastically reduce its workforce in preparation for a future collapse in the economy.
Last Monday, Meta Platforms, a subsidiary of Facebook, announced it will reduce expenses by 13% by eliminating more than 11,000 jobs. Others include Snap Inc., Microsoft Corp., and Twitter Inc. owned by Elon Musk.
