Amazon’s announcement to lay off more than 18 thousand employees

Amazon's announcement to lay off more than 18 thousand employees

Amazon, the world’s largest e-commerce company, has announced more than 18,000 employees lay off.

Never before has an American company laid off such a large number of employees.

The company cited the ‘uncertain economy’ as the reason for the reduction in the workforce.

Amazon CEO Andy Jesse said in a memo that more than 18,000 people in the company are being laid off.

He claims that on January 18, layoffs will start, with the e-commerce and human resources departments suffering the hardest.

With more than 1.5 million employees, Amazon is the second-largest company in the US after Wal-Mart in terms of workforce size.

Earlier, the e-commerce company had laid off a large number of employees in November 2022 as well.

The number was not disclosed at that time, but according to a report, the target of evacuating 10,000 people was set.

The new statement did not specify in which countries Amazon would cut jobs.

Earlier, companies like Meta and Twitter have also laid off thousands of employees, while Google is considering this.