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Amazon plans to lay off around 10,000 workers in the coming days

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The tech giant Amazonia plans to lay off approximately 10,000 workers starting this week, advanced The New York Timesand could join a long list of US tech companies including Meta, Twitter, Lyft, Robinhood, and Coinbase.

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This would be the largest cut in company history and would account for about 3% of Amazon’s corporate employees and less than 1% of your global workforce of over 1.5 million.

The cuts will affect Amazon’s device organization, including its Alexa voice assistant, as well as its retail and human resources division, noted the sources, who spoke to the outlet on condition of anonymity.

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Online shopping giant Amazon – one of the country’s biggest employers – has yet to formalize its layoff, but said two weeks ago it had decided to suspend corporate hiring because the economy was “in an uncertain place”

Layoffs are a trend sweeping across industries, with half of US companies downsizing or planning to downsize, according to a survey conducted last month by 700 executives and board members from various industries.

According to the data obtained by the consultant, the 51% of respondents has initiated layoffs or plans to initiate layoffs, and its impact is starting to be felt in tech companies that thrived during the pandemic, especially social media and online sales, and are now undergoing the post-pandemic retreat.

“At the onset of covid-19, the world quickly went digital and the rise of e-commerce led to outrageous revenue growth,” said the executive officer of Meta, Facebook’s parent company, in a statement. statement last week. -Mark Zuckerberg.

Meta, like other tech giants, has been on a hiring rush during the pandemic, adding more than 27,000 employees to its workforce between 2020 and 2021, and another 15,344 workers in the first nine months of this year.

For his part, Elon Musk, the richest man in the world and new owner of Twitter, has fired half the staff of a staff of about 7,500 people worldwide.

“As far as cutting Twitter’s workforce, unfortunately there’s no other option when the company is losing over $4 million a day,” Musk wrote in a tweet.

For its part, the car-sharing company Lyft also said it will cut 13% of its employees and Stripe, a payment processing platform, said it will eliminate 14% of its employees, about 1,100 jobs.

Bezos will donate his fortune in life

Meanwhile Jeff Bezos has assured that he intends to give the majority of his net worth of $124 billion alive, as stated in an interview with CNN.

Bezos assured that his interests lie in giving his money to fight climate change and “support the people who can unify humanity in the face of deep social and political divisions”.

While Bezos’ pledge was light on the details, this is the first time he’s announced he plans to give away most of his money. Critics chastised Bezos for failing to sign the Giving Pledge, a pledge by hundreds of the world’s wealthiest people to give the majority of their wealth to charitable causes.

The statements were made in an interview on Saturday at Bezos’ home in Washington, DC. Along with his partner, journalist-turned-philanthropist Lauren Sanchez, the billionaire said the couple is “building the capacity to be able to give away this money.” Asked directly by CNN whether he intends to donate most of his wealth during his lifetime, Bezos said: “Yes I will”.

The 20-minute exchange with Bezos and Sánchez covered a wide range of topics, from Bezos’ views on political dialogue and a possible economic downturn to Sánchez’s plan to visit space with an all-female crew and her thoughts. thriving business partnership with Bezos.

With information from AFP

Source: Clarin

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