New York Times: Amazon plans to lay off thousands of employees | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Amazon is planning to lay off some 10,000 employees in corporate and technology jobs, the New York Times reports, citing anonymous sources with knowledge of the matter

The job cuts could start as early as this week, and will likely include staff working on Amazon\n \n devices , as well as people in its retail and human resources divisions, according to the report. “The total number of layoffs remains fluid,” the report stated. Amazon did not immediately respond to CNN Business’ request for comment Monday. CNN has not been able to independently confirm the report.

Earlier this month, Amazon said it was freezing corporate hiring “for the next few months,” citing economic uncertainty and “how many people we have hired” in recent years. Amazon rapidly grew its headcount as the pandemic shifted consumer habits and spending towards e-commerce. In its most-recent earnings report, however, Amazon forecast its revenue for the holiday quarter would be lighter than analysts had expected.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Better order your packages maybe it’s a stunt to increase sales 🤣

It’s a miserable place to work, apparently. Feel sympathy for the ones remaining.

This is the reason why most of these people are not going to work cause there are some high paying jobs is laying off their employees. This is another cost for themto send these stimulus packages

So i take there will be a class action lawsuit against Bezos like there was Elon Musk when he laid off 3500 twitter employees

A great sign that the US economy is going swimmingly am I right?

Maybe Bezo's ex wife can give them some money.

But when Elon does it 🙄

Just before the holidays smh

The latest news is that President Biden's special plane, participating in the G20 in Indonesia, crashed on the return trip, and the US Pacific Fleet sent an aircraft carrier to the incident area for search and rescue. Please pay attention to relevant information

Consider that the holiday season would be a big time for Amazon. Instead of hiring they are laying off. As are many other companies. They probably read the writing on the wall and are guessing an huge economic downturn is coming.

A billionaire Who just gave away a 100M to a celebrity, but can't save jobs or pay workers more, but he says his planning on giving away majority of his wealth?

I said it before Musk gave them the balls to do this. And what a horrible way to end the year.

But...my toothpaste.

And there goes the unemployment numbers up as layoffs begin

Sounds like he needs more employees. My 2 day free shipping with Prime became a week or more so I cancelled Prime

Anonymous sources? Come on!

Building Back Better !

The boss is the fourth richest man in the world. He should give everyone laid off a years salary.

Biden just told us that the economy is great.

Don't be fooled by the Miss Universe level talking head, since it follows the fox play book of distracting from substance to militarize the masses. Yep, explains the CNN shift to the right, why? Next stop Iran!!

All of these big tech companies holding off on the massive layoffs until after the mid terms... LOL.

But Joe Biden cured unemployment

Amazon sucks, who buys amazon anymore? 🥴🥴

Explains Bezo's empty charity promises

Why not save those $100mil grants and work on your employees?

Biden recession.

Bezos can't tolerate his wealth being slightly reduced by paying people living wages.

This is both a result and a detriment of AI innovation. Amen

So the laid off employees will be shipped home in a 2 day Prime delivery box?

Again PUERTO RICO WITHOUT ELECTRICITY! This is abusive from LUMA Energy! Lots of people DIE! Their lives depend on electricity! I WORK FROM HOME, and I CAN’T WORK!!! 😡

JEFF BEZOS IS CREATING SO MANY JOBS!!!!!

Man, Rings of Power really fucked some people.

Look at all these layoff announcements right after the elections.

Because we are in a recession

LaMonicaBuzz Wow

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in BUSİNESS

Business Business Latest News, Business Business Headlines