News Desk: The world’s largest company Amazon, which has been facing losses for a long time, is planning a big layoff. Thousands of employees may be affected by this retrenchment. According to the report, the last few quarters have not been profitable for Amazon. Following which the company plans to implement cost-cutting measures.
According to the report, the company may lay off more than 10,000 employees from this week. If the total number of layoffs stays around 10,000, it will be the largest layoff in Amazon’s history. This would represent less than 1 per cent of the company’s workforce, which employs more than 1.6 million globally.
The report said the job cuts will be focused on Amazon’s device unit. This includes voice-assistant Alexa and its retail and human resource divisions. The Wall Street Journal reported that after a month-long review, Amazon cautioned employees at some unprofitable units to seek other opportunities within the company. Is Amazon is closely evaluating its Alexa business and is currently considering whether it should focus on trying to add new capabilities to the voice assistant, which is available on a variety of Amazon devices.
Last week, Twitter cut nearly 50% of its workforce following its sale to Elon Musk. Facebook’s parent company Meta has also laid off 11,000 employees.
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