These cuts will be the largest in the history of the online retailer and will be followed up by similar moves by tech companies like Meta and Twitter.
The New York Times reported Monday that Amazon planned to lay off 10,000 workers starting next week, according to people familiar with the matter.
The company did no immediate respond to our request for comment.
Amazon’s reductions will likely focus on its hardware unit. This is where the Alexa voice assistant lives, as well as its human resources and retail departments.
Amazon had approximately 1,608,000 part-time and full-time employees as of December 31, 2013. The cuts would affect about 3% of Amazon’s corporate employees and less that 1% of its global workforce.
On Sunday, he said on CNN that: “My advice for people, regardless of whether they are small-business owners or not, is to not take risks at the moment. You might consider slowing down the purchase if you are about to make a purchase. Stand ready and wait a little.”
Jeff Bezos, Amazon’s founder, has stated that he believes that the US is in recession or heading for one. People and corporations should “blow the lids”
Meta Platforms, which employs 13% of its workforce to reduce costs, announced last week it would eliminate more than 11,000 jobs. Twitter also announced it would cut half its 7,500 employees.
They are expected to make their decisions soon as the economic crisis continues to impact these global businesses. / CIO Albanian