Amazon, a multinational technology company is a well-known platform and the world’s largest online retailer and marketplace. Amazon has created more jobs in the past decade than any other US company. Amazon is the fastest growing and has more than 1.5 million workers making it the second largest private employer in the US. It is reported as the largest reduction layoff in the history of Amazon.
But recently, Amazon CEO, Andy Jassy says, “Amazon.com Inc's (AMAZON) layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, in a public staff note on Wednesday”. He added, “The layoff decisions, which Amazon will communicate starting January 18, will largely impact the company’s e-commerce and human resources organizations”.
ALSO READ : ISRO, Microsoft join hands to empower spacetech startups in India
According to reports, Amazon planned to lay off nearly 10,000 workers in November last year. On November 17, Andy Jassy, wrote a message to employees, confirming the layoffs. The company asked the managers to identify employee performance in the last few days. The cuts amount to 6% of Amazon's roughly 300,000-person corporate workforce.
Jassy said in the note that “annual planning has been more difficult given the uncertain economy and that we’ve hired rapidly over the last several years”. We haven't concluded yet exactly how many other roles will be impacted (we know that there will be reductions in our Stores and PXT organisations), but each leader will communicate to their respective teams when we have the details nailed down. And, as has been the case this week, we will prioritise communicating directly with impacted employees before making broad public or internal announcements," he added.