Amazon’s Announcement to Lay Off More Than 18 Thousand Employees
Amazon, the world’s largest e-commerce company, has announced the layoff of more than 18,000 employees.
Never before has an American company laid off such a large number of employees.
The company cited the ‘uncertain economy’ as the reason for the reduction in workforce.
Amazon CEO Andy Jesse said in a memo that more than 18,000 people in the company are being laid off.
He said that the retrenchment of employees will start from January 18, while the e-commerce and human resources sectors will be more affected.
Amazon has more than 1.5 million employees and is the second largest company in the United States in terms of workforce after Wal-Mart.
Earlier, the e-commerce company had laid off a large number of employees in November 2022 as well.
The number was not disclosed at that time, but according to a report, the target of evacuating 10,000 people was set.
The new statement did not specify in which countries Amazon would cut jobs.
Earlier, companies like Meta and Twitter have also laid off thousands of employees, while Google is considering this.