Interestingly, this potential cut comes so close to the holiday shopping season, when the internet shopping giant typically values stability.
If the layoffs do happen, Amazon would be the latest company to join the long list of technology companies that have opted for mass layoffs.
This month Meta – the parent company of Facebook, Instagram, WhatsApp and Messenger – announced it will lay off 11,000 employees, 13% of its workforce; Elon Musk, the world’s richest man and the new owner of Twitter, laid off half of a workforce of some 7,500 people worldwide.
While driver-driven car-sharing company Lyft said it would cut 13% of its employees and Stripe, a payment processing platform, said it would cut 14% of its employees, roughly 1,100 jobs.
Source: El heraldo
Karen Clayton is a seasoned journalist and author at The Nation Update, with a focus on world news and current events. She has a background in international relations, which gives her a deep understanding of the political, economic and social factors that shape the global landscape. She writes about a wide range of topics, including conflicts, political upheavals, and economic trends, as well as humanitarian crisis and human rights issues.
