Amazon executes mass layoffs with 10,000 job cuts
By Zion Rufus
In what could already be described as the worst period for employees in corporate and technology jobs, e-commerce giant Amazon has moved to lay off about 10,000 of its workforce across the retail division, Human Resources, and devices unit.
Citing economic uncertainties in November, Amazon had announced plans earlier in November to pause on new incremental hires in its corporate workforce.
The company shared: “We’re facing an unusual macro-economic environment, and want to balance our hiring and investments with being thoughtful about this economy. This is not the first time that we’ve faced uncertain and challenging economies in our past. While we have had several years where we’ve expanded our headcount broadly, there have also been several years where we’ve tightened our belt and were more streamlined in how many people we added. With fewer people to hire at this moment, this should give each team an opportunity to further prioritise what matters most to customers and the business, and to be more productive.”
However, Amazon still intends to hire a meaningful number of people in 2023, and remains excited about its significant investments in larger businesses, as well as newer initiatives like Prime Video, Alexa, Grocery, Kuiper, Zoox, and Healthcare.
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