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Amazon Prepares To Lay Off 10,000 Jobs

Amazon Prepares To Lay Off 10,000 Jobs

US-based e-commerce giant Amazon will make the biggest layoff since it was founded in 1994. The company, which also provides services in Turkey, is expected to lay off 10,000 people this week from its human resources, retail and appliance departments. It includes products such as the artificial intelligence-supported virtual assistant Alexa.

In the news that the New York Times (NYT) based on anonymous sources on the subject, it was reported that it is preparing to lay off 10 thousand people, which corresponds to 3 percent of the global workforce. global economy. The report said the layoffs will be in the human resources, retail and device department, which includes products like the AI-powered virtual assistant Alexa, which is expected to begin this week.

BIGGEST IMPACT SINCE ITS FOUNDATION

While Amazon has yet to make an official statement on the matter, if it does, it will be the biggest layoff since the US company was founded in 1994. On the other hand, on November 9, Facebook, Instagram’s owner Meta, and WhatsApp announced that they would lay off more than 11,000 employees.

Amazon

TWITTER OPENED 50 PERCENT OF ITS EMPLOYEES

After the $44 billion purchase of Elon Musk, layoffs began on the social media company Twitter, and it was reported that 50 percent of the company’s employees were laid off.

RISING INFLATION COMPANIES ARE TIRED

Faced with global economic uncertainties, companies are forced to take steps to reduce their costs and halt hiring. Increasing inflation and deteriorating macroeconomic outlook all over the world force companies to adapt to the new situation.

Gül Demirci

Hello, I am Gul, I write content for Expat Guide Turkey every day. Don't forget to check it out!

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