Amazon is planning to lay off 10000 employees
Amazon is planning to lay off 10000 employees

The online e-commerce company Amazon plans to lay off thousands of employees. According to a story in the New York Times, Amazon intends to fire 10,000 individuals this week who work in the corporate and IT industries. These layoffs will be made from among the workforce located all around the world.

Related Post – Healthy Habits: Trouble with stomach problems! Make these four habits your daily routine and get benefits

What is the reason for the layoffs?

See Also  Common man's pocket can be affected! Repo rate may increase and EMI may be higher

The effects of the recession are being felt everywhere. One after another, major corporations are laying off workers. Following large corporations like Facebook, Twitter, and Snapchat, Amazon is now going to lay off employees.

After Twitter and Meta, the e-commerce behemoth Amazon has reportedly fired staff members in newly created units that have not turned a profit this year, according to a Daily Mail article.

The company was already reviewing

According to a recent article in The Wall Street Journal, Amazon.com Inc. is evaluating its non-earning operations. The gadget itself and Alexa the speech assistant are included in this. Following a month-long investigation, Amazon asked workers at divisions that weren’t turning a profit to look for other employment. It has been requested that some robotics and retail teams be closed and personnel be redeployed to more lucrative fields. After considering all of these factors, the corporation let go of 1000 employees.

See Also  Forbes released the list of 100 richest people in the country, this person is third on the list after Adani-Ambani

Advertisement -