Amazon plans to lay off thousands of employees, New York Times reports
According to the New York Times, Amazon plans to lay off thousands of employees ahead of the holiday season.
The job cuts could start as early as this week, and will likely include staff working on Amazon devices , as well as people in its retail and human resources divisions, according to the report. "The total number of layoffs remains fluid," the report stated. The news would make Amazon the latest in a spate of tech companies that have announced significant layoffs in recent weeks, amid broader economic uncertainty and a sharp slowdown in the demand many tech giants saw during the pandemic that led them to quickly add staff. Last week, Facebook-parent Meta announced it is laying off 11,000 employees.
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