Amazon plans lay off about 10,000 people of the corporate and technology department starting this week. According to the New York Times newspaper, it would be the largest employee cut in the company’s history that could represent approximately 3% of Amazon’s corporate employees and less than 1% of its total workforce of more than 1.5 million, which is made up primarily of hourly workers.
The reduction would take place during the critical holiday shopping season and Black Friday in betweenand the cuts will be mainly focused on Amazon’s device organization – including the Alexa voice assistant -, retail division and human resources.
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Amazon would also become the latest tech company to lay off workers, which it had only recently been struggling to retain. Earlier this year, the e-commerce giant more than doubled the cash compensation limit for its tech workers, citing “a particularly competitive job market.”
Big Tech crisis
This month of November is already one of the blackest in the history of the technology industry. In just a week and a half, Elon Musk announced the massive layoff of half of Twitter’s workforce, and Meta – the company that owns Facebook, Instagram and WhatsApp – announced last Wednesday that it was also laying off 11,000 employees, its largest cut personnel history.