After Twitter, Meta and Microsoft, Amazon will also lay off, 10000 employees will lose their jobs
After Twitter-Facebook, now thousands of employees may have to lose their jobs from Amazon as well. According to the New York Times, the company may lay off more than 10,000 employees as early as this week.
After buying Twitter, Elon Musk fired half the employees from the company. After this, there have been large-scale layoffs in Meta and Microsoft company. Now e-commerce website Amazon is planning to remove a large number of employees from here. The last few months of the company have not been profitable. If this number of layoffs remains, then this will be the first time in the history of Amazon, that a large number of employees will be dismissed. According to the New York Times report, the departments will have job cuts. They include Amazon's device organization, its retail division, and its human resources department. Employees can be fired from the job this week itself.
According to the Wall Street Journal, Amazon Inc. is reviewing the businesses that are not earning it. This includes the device unit and voice assistant Alexa. According to sources, the sales of Amazon company are decreasing, due to which the pressure on the company to reduce costs is increasing. Amazon has approximately 1,608,000 full-time and part-time employees as of December 31, 2021.
It is being told that the total number of layoffs at Amazon is around 10,000. If this happens, it will be the biggest layoff ever in Amazon's history. Explain that Amazon employs more than 1.6 million globally. The company is going to remove only 1 percent of the employees. After the announcement of layoffs, the stock of the company has also registered a decline. The company has lost around 40 percent of its stock.
Let us tell you that recently Twitter and Facebook have also fired their employees. Twitter's new owner Elon Musk fired several executives from the company including CEO Parag Agarwal. Apart from this, employees were also laid off from Facebook. Meta had fired more than 11,000 employees.