Retail and technology giant Amazon plans to lay off up to 30,000 company employees starting Tuesday, as part of its efforts to reduce expenses and compensate for over-hiring during peak demand of the COVID-19 pandemic. This is according to three sources familiar with the matter who spoke with Reuters news agency. The cuts represent a small percentage of Amazon's total 1.55 million employees, but nearly 10% of the company's approximately 350,000 corporate workers. This is the largest job cut at Amazon since about 27,000 positions were eliminated starting in late 2022.
Amazon plans to lay off up to 30,000 employees as part of cost-cutting
Reuters|
Comments
The commenter agrees to the privacy policy of Ynet News and agrees not to submit comments that violate the terms of use, including incitement, libel and expressions that exceed the accepted norms of freedom of speech.