Mon. Dec 5th, 2022

Amazon will cut 10,000 jobs in its corporate and technology sectors this week, according to reports.

The layoffs will focus on the e-commerce giant’s devices unit, which houses the Alexa voice assistant, as well as its retail division and human resources.

In December last year, Amazon had about 1,608,000 full-time and part-time employees. It has already imposed a hiring freeze after warnings that it had overstaffed during the COVID-19 pandemic.

The reported cuts will represent about 3 percent of Amazon’s corporate staff and less than 1 percent of its global workforce.

Billionaire Jeff Bezos, the founder of Amazon, has warned that he believes the US is either in or headed for a recession and that people and corporations should “shut the door”.

If confirmed, the cut would be the largest in Amazon’s history and comes at a time when other tech companies are also laying off workers.

Last week, Facebook parent Meta Platforms said it would cut more than 11,000 jobs, or 13 percent of its workforce, to curb costs.

The new owner of Twitter, Elon Musk, has announced that he is laying off half of the company’s 7,500 employees.

See more about this story in the report in the media player above.