After Twitter and Meta now Amazon reportedly prepares to lay off about 10,000 employees, making the e-commerce behemoth the latest tech giant to unleash a large-scale redundancy plan
In this Wednesday, Sept 27, 2017, file photo, an Amazon Echo Dot is displayed during a program announcing several new Amazon products by the company, in Seattle. reported on Monday, making the e-commerce behemoth the latest tech giant to unleash a large-scale redundancy plan.
This would represent a little less than one percent of the group's total payroll, which had 1.54 million employees worldwide at the end of September, not counting seasonal workers who are recruited during periods of increased activity like the Christmas holidays.report said the affected positions will be located in Amazon’s devices department, the retail division and human resources.Facebook owner Meta lays off thousands of employeesThe layoffs would follow an aggressive hiring spree.
But with the economy souring, two weeks ago Amazon announced a hiring freeze and its workforce has already decreased compared to the beginning of the year.Last week, Meta, Facebook's parent company, announced it was cutting 11,000 jobs, or about 13 percent of its workforce. Online payment company Stripe and car-hailing app Lyft, also recently reported big layoffs. Twitter, freshly acquired by Elon Musk, earlier this month fired about half of its 7,500 employees.
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