Huge layoff at Amazon
With the global economic crisis, it has come to the agenda that Amazon, which has suspended new hires, will now start layoffs. Amazon, whose shares lost 40 percent and was the first company to lose 1 trillion in value, wants to refine its resources a little more.
It is stated that Amazon, which has approximately 1.5 million employees, will lay off 10 thousand people in total. It is estimated that this layoff, which corresponds to about 1 percent, will take place on the hardware side, as Amazon devices suffered a loss of up to 5 billion dollars annually. It is expected to focus on Alexa capabilities in the new period.
Last week, Meta company announced that it would lay off 11,000 people. Twitter will lay off 3,500 people. It is stated that Intel will also lay off about 10 thousand people. Only the workforce of these 3 giants has reached 25 thousand people, and it is expected that many companies will go to a similar practice with a domino effect.