Not 10,000 But 18,000 Workers Will Be Fired! – Amazon
The reduction in employees is greater than previously announced6% of the approximately 300k workforce will be affectedCost of living crisis causes customers to reduce spendingAmazon has become the latest major tech company to announce mass layoffs in 2023.Earlier in November, the retail giant revealed it would be laying off 10,000 workers.However, in the latest announcement by CEO Andy Jassy, a total of 18,000 people will be laid off.Affected employees will be notified from January 18, he said in a memo written to his employees.Rising cost-of-living pressures have caused customers to cut back on spending, affecting many businesses, including Amazon.Andy Jassy said Amazon has weathered an uncertain and difficult economy in the past and it will continue to.The company is said to be working to support those affected by providing packages such as severance pay, insurance benefits and outplacement support.Even so, Amazon is not the only company to announce a reduction of employees this year, where the latest Salesforce also said it will reduce the number of employees by 10% or more than 7,000 people.
The reduction in employees is greater than previously announced
6% of the approximately 300k workforce will be affected
Cost of living crisis causes customers to reduce spending
Amazon has become the latest major tech company to announce mass layoffs in 2023.
Earlier in November, the retail giant revealed it would be laying off 10,000 workers.
However, in the latest announcement by CEO Andy Jassy, a total of 18,000 people will be laid off.
Affected employees will be notified from January 18, he said in a memo written to his employees.
Rising cost-of-living pressures have caused customers to cut back on spending, affecting many businesses, including Amazon.
Andy Jassy said Amazon has weathered an uncertain and difficult economy in the past and it will continue to.
The company is said to be working to support those affected by providing packages such as severance pay, insurance benefits and outplacement support.
Even so, Amazon is not the only company to announce a reduction of employees this year, where the latest Salesforce also said it will reduce the number of employees by 10% or more than 7,000 people.
