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Amazon will lay off 18,000 employees in the biggest cut in the tech sector

Date: February 5, 2023 Time: 00:11:51

The CEO of Amazon, Andy Jasy, has announced in a statement that the workforce cuts due to the crisis facing the sector due to economic uncertainty will affect more than 18,000 workers. This figure is certainly higher than the 10,000 announced by the newspaper

This Wednesday, after the same newspaper pointed out that the number of casualties would rise to 17,000, Jasy made a post on his blog in which he assured that the workers would be notified at the end of this month if they were fired. “Amazon has withstood uncertain and difficult economies in the past, and we would continue to do so,” he said, at a difficult time for the company after the successes recorded during the pandemic, where internet commerce grew exponentially.

The head of the giant Amazon, has ensured that most of the cuts will continue to focus on the retail and recruitment area. and the long-term health of the company.

However, he has admitted that the review for 2023 has been “more difficult” due to the economic uncertainty and the large volume of contracts in recent years. With the increase in demand in the midst of the spread of covid-19, Amazon doubled its logistics network and incorporated thousands of employees. But with the end of the restrictions, customers went back to buying in their usual stores, which led the North American company to start doing staff reviews and closing physical stores and units such as Amazon Care.

This is not the only technology company affected by this post-covid crisis, many others have cut jobs as the economy deteriorates, although Amazon is the one with the highest volume, since it is the second largest company, with a 1.5 million employees, according to tracking by Layoffs.fyi. Along the same lines, Facebook’s parent company, Meta, has announced that it will lay off more than 11,000 workers, that is, 13% of its staff. Lyft, HP and Salesforce have also announced layoffs, which drop to a significant percentage of their staff, in the case of the latter it reaches 10%.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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