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HOME » Economy » Business » Amazon layoffs: Not 10,000 report says Ecommerce giant may layoff 20,000 employees

Amazon layoffs: Not 10,000 report says Ecommerce giant may layoff 20,000 employees

Now, a latest report is claiming that this number has increased and Amazon plans to layoff people at all levels, including those in the most senior positions.

TFIPOST News Desk
by TFIPOST News Desk
5 December 2022
in Business
0
amazon layoffs 2022 data

Amazon now plans to layoff 20,000 employees soon

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Amazon is once again preparing for layoffs. This time the employees can be fired on a large scale. According to the reports, there is a plan to layoff more than 20,000 employees in the company. This number is double as compared to earlier. It is being speculated that Amazon may layoff personnel from many departments. For this, he has asked his senior officers to assess the work of the employees. Although Amazon can lay off some big posts as well. Official information has not been given about this, but people associated with the company have told something similar to the people in the computer world.

Amazon Layoffs reason explained
Amazon Layoffs reason explained | source: Amazon Inc

A few days ago, Amazon CEO Andy Jesse had accepted that Amazon is preparing to layoff employees in many departments. But he did not disclose the number of employees affected. Now, a latest report is claiming that this number has increased and Amazon plans to layoff people at all levels, including those in the most senior positions. According to reports company managers have reportedly been asked to assess the work performance of employees, so that Amazon can start the layoff process of around 20,000 people.

The e-commerce giant will layoff 6 percent of corporate employees and about 1.3 percent of Amazon’s 1.5 million workforce, including those in global distribution centres and those working on an hourly basis.

According to Sources there is no specific department or place has been mentioned for the layoff. We were told this is as a result of over-hiring during the pandemic and the need to cut costs.

Also Read: Cisco layoffs: Retrenchment in Cisco after Meta, Twitter now 4,000 employees will be out of Cisco Tech 

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