Amazon cuts more than 18,000 jobs, the most in recent tech wave
Mint Mumbai|January 06, 2023
Amazon.com Inc.'s layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back amid economic uncertainty.
Dana Mattioli
Amazon cuts more than 18,000 jobs, the most in recent tech wave

The layoffs are concentrated in the company's corporate ranks and represent roughly 5% of that element of its workforce, and 1.2% of its overall tally of 1.5 million employees as of September.

The Seattle-based company in November said that it was beginning layoffs, with the cuts concentrated in its devices business, recruiting and retail operations. At the time, The Wall Street Journal reported the cuts would total about 10,000 people. Thousands last year. of those cuts began

The rest of the cuts will bring the total number of layoffs to more than 18,000 and will be made over the coming weeks.

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