Amazon will lay off 18,000 employees, marking a record reduction in the company’s history. Amazon CEO Andy Jesse attributed the decision to uncertainty in the economy and overstaffing in recent years.
Amazon’s planned layoffs were announced by CEO Andy Jesse in a speech to staff.
Amazon will lay off 18,000 employees. According to The Guardian, this is 6% of the company’s total corporate staff of 300,000 people. The cuts will mainly affect Amazon’s retail business.
Jesse clarified that the upcoming layoffs include the company’s previously announced massive job cuts. The CEO attributed Amazon’s personnel decisions to the uncertainty of the economy and the disproportionate increase in the number of employees of the company that has occurred in recent years.
In November, Mark Zuckerberg, director of Meta (the company’s activities are recognized as extremist in the Russian Federation), announced massive staff cuts. The corporation will lay off 11 thousand employees, or 13% of its total number.
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