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Amazon Plans To Lay Off Around 10,000 Employees, Report Says
A week before the holiday shopping season officially kicks off, Amazon is set to begin laying off approximately 10,000 corporate and technology employees, The New York Times reports.
Job cuts at the online retail giant were expected to start the week of Monday, Nov. 14, and will primarily affect Amazon’s retail, devices, and human resources divisions, according to the outlet.
The largest in its history, the layoffs would impact 1 percent of the company’s global workforce and 3 percent of its corporate employees.
It follows several other cost-cutting moves that CEO Andy Jassy has implemente…
