A few days ago, Amazon announced that it intends to lay off 10,000 employees over the next few months.This percentage is less than one percent of its global workforce.
Amazon company
The gloomy global economy and the recession, in addition to the company's slowdown in sales, were cited by Amazon, the e-commerce giant, as the cause.
It also appears that it will not end there.Andy Jassy, CEO of Amazon, said that there will be layoffs until 2023.
Andy said in a letter to representatives that cutbacks are troublesome, however he needed to pursue this choice because of the troublesome conditions the organization is going through.
This week, Amazon began informing employees in devices and services, among other departments.that they will be demobilized and left alone.
The organization has likewise offered a few representatives the choice of deliberate buyout (offering pay to the individual until they consent to delicate their renunciation and leave the actual work) for the purpose of scaling down notwithstanding cutbacks.
During this time, Amazon intends to lay off approximately 10,000 employees.However, Amazon anticipates that the economy will worsen and growth will slow, leading to additional layoffs.
Because the company is still in the midst of its annual operating planning process, Jassy stated that the layoffs will continue into 2023.
It is interesting that Amazon has said that it will hire about 80,000 people in 2019, and then it will hire 1.6 million people in 2021.
However, in an additional decision, the e-commerce giant had frozen the hiring process to prevent an increase in staff.where the company intends to slow down the increase in the number of employees over the next few years.
Last but not least, technology companies like Shopify, Twitter, Facebook, and Amazon are not the only ones laying off workers.after suffering enormous losses as a result of the recession, inflation, and sluggish growth.This is why these businesses decided to reduce their workforce to save money.
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