In largest-ever layoffs, Amazon begins job cuts in US, Canada, Costa Rica
In a memo, Amazon has said that the majority of its employees have been laid off from the WW Amazon stores business and people experience and technology organisation. It said the employees in the United States, Canada and Costa Rica who have been laid off will be notified by the end of today as part of its plan to lay off 18,000 employees.
The layoffs are the latest in the US technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
Earlier this month, Amazon.com Chief Executive Officer Andy Jassy sad that the job cuts, which would be about six per cent of the total employees, would mostly affect the e-commerce and human resources divisions.
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In a memo, Amazon has said that the majority of its employees have been laid off from the WW Amazon stores business and people experience and technology organisation. It said the employees in the United States, Canada and Costa Rica who have been laid off will be notified by the end of today as part of its plan to lay off 18,000 employees.
The layoffs are the latest in the US technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
Earlier this month, Amazon.com Chief Executive Officer Andy Jassy sad that the job cuts, which would be about six per cent of the total employees, would mostly affect the e-commerce and human resources divisions.
Catch all the Technology News and Updates on Live Mint.
Download The Mint News App to get Daily Market Updates & Live Business News.
Download The Mint News App to get Daily Market Updates & Live Business News.
More
Less
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