Amazon CEO Andy Jassy has confirmed in a blog post that the company is laying off more people than previously planned.
According to Engadget , in November last year, like other companies in the technology sector, had to conduct large layoffs, reports said Amazon would lay off 10,000 employees.
Besides Amazon, many other tech giants are also planning to cut jobs. For example, Meta recently revealed that it will lay off more than 11,000 employees.
Like Amazon, CEO Mark Zuckerberg significantly increased Meta’s investments after a sharp increase in revenue due to the pandemic, but people’s spending habits eventually returned to pre-pandemic trends, resulting in the company’s revenue is less.
However the latest report indicates that Amazon is expanding
Have lost and are about to lose their jobs to 18,000 people, nearly twice as high as originally expected.
Mr. Jassy said the majority of the upcoming layoffs come from the retail and recruitment departments at the company. The Wall Street Journal reports that Amazon Jewelry Stores Email List has benefited from the Covid-19 epidemic blockades in recent years as people have to shop online more often than before.
This has forced Amazon to add hundreds of thousands of employees to keep up with the spike in demand before rolling out unprofitable unit reviews to cut costs.
Not stopping there the company also had to freeze hiring
Besides Amazon, many other tech giants are also planning to cut jobs. For example, Meta recently revealed that it will lay off more than 11,000 employees.
Like Amazon, CEO Mark Zuckerberg get CMB Directory to significantly increased Meta’s investments after a sharp increase in revenue due to the pandemic, but people’s spending habits eventually returned to pre-pandemic trends, resulting in the company’s revenue is less.
With 18,000 employees laid off, Amazon became the company that laid off the most employees in recent times.
