Amazon started layoffs

By: Trademagazin editor Date: 2022. 11. 23. 09:20

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Amazon began laying off corporate employees last week, becoming the latest of the tech giants (Twitter, Salesforce, Meta) to slash its workforce by thousands.

The cuts are expected to affect mostly areas such as retail, human resources and devices.

Referring to the “uncertain macroeconomic environment”, Amazon has decided to consolidate some teams and programs. The company further noted that the positions are corporate and tech, and that roles within its operations network are not included.

“As part of our annual operating planning review process, we always look at each of our businesses and what we believe we should change,” Amazon spokesperson Kelly Nantel said in a statement. “As we’ve gone through this, given the current macro-economic environment (as well as several years of rapid hiring), some teams are making adjustments, which in some cases means certain roles are no longer necessary. We don’t take these decisions lightly, and we are working to support any employees who may be affected.”

The company is assisting those employees in finding new roles internally and, if that is not possible, providing a package that includes a separation payment, transition benefits and external job placement support.

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