Amazon's Massive Layoff Plan: Over 18,000 Jobs Cut

Arrow

Amazon to lay off 18,000, 6% of the corporate workforce, largely in e-commerce and HR.  

Arrow

Previously announced 10,000 cuts in November from the devices division.  

Arrow

Share price halved in the past year, bracing for slower growth due to soaring inflation.  

Arrow

Overbuilt for demand, the tech industry has shed over 150,000 jobs in 2022.  

Arrow

Jassy's note followed WSJ's report of more than 17,000 job cuts.  

Arrow

Disclosed news before informing affected staff due to leak, must file legal notices, will pay severance.  

Arrow

London's GMB union is aware of cuts, but members are unaffected.  

Arrow

SUD union in France says cuts won't affect Amazon Logistique France.  

Arrow

CCOO union in Spain has received no official info on the impact on operations.  

Arrow

Amazon is America's 2nd largest private employer after Walmart, with over 1.5 million workers.  

Arrow

Stories

More

averagebeing tales

superheroes

anime