Amazon “plans to cut 10,000 jobs” — about 1% of its global workforce — this week: Workers in device organization, retail and human resources will be impacted by the largest job cuts in the company’s history
- According to the New York Times, Amazon executives will lay off 10,000 employees in corporate and technology jobs as early as this week
- The cuts will primarily focus on Amazon’s devices, as well as the retail division and human resources
- If the company goes through with the 10,000 job cut proposal, it would mean losing about 3 percent of Amazon’s corporate workforce
- But it would be less than 1 percent of its global workforce of more than 1.5 million, which consists mostly of hourly workers
Amazon executives are set to lay off thousands of employees just weeks before the busy holiday season as the tech sector braces for a recession.
According to the New York Times, the online retailer plans to lay off 10,000 employees in corporate and technology positions as early as this week, in what would be the largest job cuts in the company’s history.
The cuts will primarily focus on Amazon’s devices, including voice assistant Alexa, sources familiar with the discussions, as well as the retail division and human resources.
It remains unclear exactly how many jobs will be lost, but if the company goes through with its proposal to cut 10,000 jobs, it would lose about 3 percent of Amazon’s corporate workforce.
At the same time, however, the cuts would cover less than 1 percent of the world’s workforce of more than 1.5 million, which consists mostly of hourly workers.
With the announcement, Amazon is just the latest tech giant to announce massive layoffs — as Apple CEO Tim Cook says his company has also frozen hiring.
Amazon boss Andy Jassy is said to be considering laying off 10,000 employees
If the company goes through with its proposal to cut 10,000 jobs, it would lose about 3 percent of Amazon’s workforce