Amazon layoffs now expected to mount to 20,000, including top managers

Amazon plans to lay off as many as 20,000 employees across the company in the coming months, including  distribution center workers, technology staff and corporate executives—about twice as many as previously reported—as the retail and cloud computing giant retrenches after going on a hiring spree during the pandemic.

Amazon employees are ranked from level 1 to level 7, and staff at all levels will likely be affected, according to sources with direct knowledge of the matter, who requested anonymity. The New York Times first reported in mid-November that Amazon would enact mass layoffs, citing sources that said that as many as 10,000 people would be laid off.

To read this article in full, please click here

Read more: Amazon layoffs now expected to mount to 20,000, including top managers

Story added 2. December 2022, content source with full text you can find at link above.