Due to the changing business model around the world and the increasing global recession, giant tech companies are laying off a large number of their employees.
Amazon plans to lay off around 10,000 employees for cost-cutting. According to the report, the company may fire these employees this week. Let us tell you that if Amazon lays off 10,000 employees, it would be the first time in the company’s history that such a large number of employees were laid off. According to the report, the company has taken this decision given the losses incurred in the last few quarters.
Layoffs In The Company’s Tech And Corporate Sectors
The company will cut jobs in the corporate and technology sectors, including the Alexa voice assistant retail division and human resources. Laying such a large number of employees means laying off about three percent of Amazon’s corporate employees. Although it is not at all that Amazon is laying off employees, even before this, giants like Facebook and Twitter have also laid off a large number of employees.
Hiring Freeze In Multiple Teams
Due to changing business models around the world and a growing global recession, giant tech companies are laying off a large number of their employees. Between April and September, the company has reduced its headcount and is primarily targeting hourly employees. Recently, Amazon discontinued Amazon Care, a service that provides primary and immediate health care services. The company also shut down cooler-sized home delivery robots and Fabric.com, and in September, Amazon froze hiring in several smaller teams. In October this year, the company decided not to fill more than 10,000 roles in its retail business and two weeks ago it also put on hold corporate hiring for the next few months.