Amazon plans to put off 10,000 folks beginning this week: report

Amazon.com Inc is planning to put off about 10,000 folks in company and know-how jobs beginning as quickly as this week, the New York Times reported on Monday, citing folks with information of the matter.

The cuts will give attention to the e-commerce large’s units unit, which homes voice-assistant Alexa, in addition to its retail division and human sources, based on the report, which additionally mentioned the full variety of layoffs stays fluid.

The firm didn’t instantly reply to a Reuters request for remark. As of Dec. 31 final 12 months, Amazon had about 1,608,000 full-time and part-time workers.

Amazon joins a bandwagon of U.S. corporations making deep cuts to its worker base to brace for a possible financial downturn.

Last week, Facebook-parent Meta Platforms mentioned it might lower greater than 11,000 jobs, or 13% of its workforce, to rein in prices.