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Amazon Reportedly Planning to Lay Off 10,000 Workers

Amazon Reportedly Planning to Lay Off 10,000 Workers, EFE

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Amazon, one of the largest employers in the US, is intending to lay-off some 10,000 workers starting this week, according to a report from The New York Times.

This would be the largest job cut in the multinational tech company’s history, representing approximately 3% of Amazon’s corporate employees and less than 1% of its global workforce of more than 1.5 million people.

The cuts are expected to happen in the company’s devices departments, including Alexa’s voice assistant, as well as its retail division and in human resources.

Two weeks ago, the company announced that they had stopped hiring temporarily given that the economy is currently in “an uncertain place.”

In a statement published on the company’s corporate website, HR vice director Beth Galetti said: “We anticipate keeping this pause in place for the next few months, and will continue to monitor what we’re seeing in the economy and the business to adjust as we think makes sense.”

The potential cuts would come just at the outset of the Christmas shopping season.

Amazon would be the latest company to join the long list of tech firms that have opted for massive layoffs.

Less than a week ago, Meta –the parent company of Facebook, Instagram, WhatsApp and Messenger– announced it was laying off 13% of its employees.

The week before, Elon Musk, the world’s richest man and new owner of Twitter, laid off half of the social media’s workforce of some 7,500 people worldwide.

Also this month, ride-sharing company Lyft announced it would cut 13% of its employees and Stripe, a payment gateway, said it would lay off 14% of its employees.