Amazon joins wave of layoffs on tech and plans lay off about 10,000 people the sales and technology department as the Newspaper progresses from this week New York TimesIt will be the largest employee cut in company history, which could represent approximately 3% of Amazon’s corporate employees and less than 1% of its total workforce of more than 1.5 million predominantly hourly workers.
The sale will take place during the critical Christmas shopping season and Cuts will primarily focus on Amazon device organization -including Alexa voice assistant-, retail division and human resources.
Amazon would also be the latest tech company to lay off workers it’s been struggling to retain recently. Earlier this year, the e-commerce giant more than doubled its cash compensation limit for tech workers. “a particularly competitive labor market”.
This adjustment is the largest in the company’s history and represents approximately 3% of its employees and less than 1% of its workforce of 1.5 million worldwide. Two weeks ago, the company had already announced that it was pausing corporate hiring due to the uncertainty in the global economy. “We will continue this pause over the next few months and will continue to monitor what we see in the economy and business to make the necessary adjustments.”said Beth Galetti, vice president of the Human and Technology Experience division.
Christmas campaign
What’s even more surprising is that this shrinkage comes so close to the holiday shopping season, when the online shopping giant often values stability.
This month, the parent company of Facebook, Instagram, WhatsApp and Messenger, Meta – announced that it will lay off 11,000 workers, 13% of the workforce; Elon Musk, the richest man in the world and the new owner of Twitter, laid off half of his staff of 7,500 worldwide.
Ridesharing company Lyft said it would cut 13% of its employees, and Stripe, a payment processing platform, would also cut it. it would have eliminated 14% of its employees, about 1,100 jobs.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.