Amazon CEO Andy Jassy continues to make important decisions for the company’s future. About 18,000 employees will be laid off, the Amazon CEO said in a statement to employees. It was underlined that the physical stores of the company, experience and technology organizations will be affected the most by this giant layoff process.Amazon lays off 18,000 jobs
As you may recall, last November, The New York Times announced in its special news that Amazon would lay off 10,000 people. In September 2022, Amazon announced that it had approximately 1.5 million employees in total. Now, in an information note sent to employees by the CEO of the company, it was mentioned that the scope has expanded. As Amazon prepares to lay off 18,000 of its employees, employees will begin to find out on January 18 whether they have been laid off.
Amazon’s senior vice president, Dave Limp, signaled last November that the company was in the process of a minor restructuring. The company would begin to consolidate some of the teams and programs in the hardware and services divisions under one roof. These moves to reduce costs have also been approved by the investors, as the company’s stock prices have increased by more than 2%.
Technology firms fired 150,000 people in 2022
Amazon also says it will help with severance payments, temporary monthly insurance and finding a new job to support those laid off and affected. Layoffs aren’t just on Amazon. Meta, for example, recently announced that it was laying off 11,000 employees. In addition, companies such as Microsoft, Netfix, Twitter, Salesforce, Intel had also parted ways with a significant amount of employees. According to Layoffs.fyi, technology companies laid off 153,678 jobs in 2022.
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