Amazon has revealed that it will be laying off more than 18,000 employees in the coming months, the largest headcount reduction at a tech firm in the past year.
E-commerce giant The layoffs will impact about five percent of the company’s corporate workforce.that in a recent announcement, Amazon stated that it will lay off more than 18,000 employees in the coming weeks, representing the highest number of layoffs at a major technology company in the past year. The layoffs will primarily affect the company’s corporate ranks, impacting about five percent of that workforce and 1.2 percent of Amazon’s overall workforce of 1.5 million as of September.
Many tech companies have had to make job cuts as the economy has soured, with Amazon’s layoffs of over 18,000 employees representing the largest number of people laid off by a tech company in recent months, according to Layoffs.fyi, a website that tracks such events as they surface in media reports and company releases.
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