Amazon plans to lay off 10,000 employees: report

Amazon facing a spike in their own costs to do business, after their rapid response to the pandemic resulted in extra $2 billion in costs during the last few months.reportedly plans to lay off 10,000 corporate and technology employees as soon as this week.

The move would mark the largest job cut in Amazon's history, representing 3% of its corporate employees and 1% of its global workforce, according to the outlet.The move comes just after Amazon CEO Andy Jassy began a cost-cutting review of the company, which included scaling down businesses that haven't been profitable such as its devices unit, people familiar with the matter told The Wall Street Journal.

In a message to employees, Beth Galetti, Amazon's senior vice president of people experience and technology, announced that the decision was made by Jassy and the leadership team due to the "uncertain" economy and in light of how many people Amazon has hired in recent years.

But Elon is the jerk...

Wow 😯

End of tech workers. The end is neigh my friends. Us blue collars gonna feel this

Finally.

I'm thinking Kari Lake needs her job back at fox 10 news, but I would hope not ;)

Depression is coming and Americans want a depression and want to live in a shit hole country. It’s been proven with the vote. We are no longer a world leader, we are a laughing stock.

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Amazon plans to lay off 10,000 people starting this week - NYTAmazon.com Inc is planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, the New York Times reported on Monday, citing people with knowledge of the matter. Sucks for those people but Amazon has 1.4 MILLION employees. 10k is a drop on thebl bucket. Ah yes, but give them more tax cuts cuz they are the 'job creators', uh huh... and really right before Christmas? I bet that $100 million he just gave to Dolly Parton would have kept them in a job until the new year. Bezos gave their pay to Dolly Parton.
Source: Reuters - 🏆 2. / 97 Read more »

Amazon reportedly plans to lay off about 10,000 workersAmazon, which already announced a pause on hiring, could become the next big tech to slash jobs – after Meta disclosed that it would be eliminating more than 11,000 positions. The cuts could arrive as early as this week, according to the New York Times. It’s been announced. You’re behind like usual. Is this the 'cool down' J.Powell was talking about? smh Just amazing, that all these layoffs are set to occur AFTER the elections. I’m sure no one noticed…
Source: MarketWatch - 🏆 3. / 97 Read more »

New York Times: Amazon plans to lay off thousands of employees | CNN BusinessAmazon is planning to lay off some 10,000 employees in corporate and technology jobs, the New York Times reported on Monday, citing anonymous sources with knowledge of the matter. LaMonicaBuzz Wow Because we are in a recession Look at all these layoff announcements right after the elections.
Source: cnni - 🏆 326. / 59 Read more »