Seattle (USA), 15th November 2022: As it prepares for slower growth and a potential recession, Inc. plans to eliminate 10,000 workers, the greatest ever workforce drop at the e-commerce organization. People with knowledge of the situation say that the layoffs, which could start as early as this week, will probably target Amazon’s devices group, which is in charge of the Alexa digital assistant and Echo smart speakers, as well as its retail divisions and human resources.
According to insiders, teams are deciding where to cut staff as part of the company’s annual planning process.
With sales growth sluggish and the economy uncertain, CEO Andy Jassy has committed to reduce operations. Amazon’s prediction that the holiday shopping season would be the slowest in its history last month alarmed Wall Street and caused the shares to crash.