Amazon to lay off 10,000 employees This process will start from this week.
Amazon Layoffs 2022: The world’s largest e-commerce and retail company Amazon is going to lay off 10,000 employees. According to media reports, Amazon is going to make the biggest job cuts. First Microsoft (Microsoft), then Twitter (Twitter) and then Meta, which is owned by Facebook (Facebook), these companies have laid off employees. Everyone was shocked by the sudden job cuts by these companies. After that, Amazon has also decided to lay off employees. Employees will be laid off from this week.
According to sources, the Amazon company (Amazon.com Inc) has to bear losses. Amazon’s sales have declined, so the company is gearing up to spend. Many companies are facing financial losses. Therefore, many big companies have decided to reduce the cost of the company by cutting jobs.
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ToggleOne percent of employees will be laid off
As of December 31, 2021, Amazon has around 16,08,000 employees. In turn, the company will reduce one percent of the employees. The company has decided to lay off 10 thousand employees. This will be the biggest layoff in the company’s history. Amazon employs 1.6 million people worldwide.
Slow down in the global market
An environment of economic recession has been created in the international market. Fluctuations are seen in the economy of many countries. It is seen that there has been a big impact on the economy of America, Europe. Many companies in the country are currently making losses. So companies are trying to reduce their costs. In this background, the companies have decided to lay off the employees.
A decision to cut jobs to cut costs
Amazon is increasingly using robots for its operations to cut costs. Currently, about 3/4 of the packages delivered by Amazon are packaged by robotic systems. Tye Brady, Head of Amazon Robotics, has said that 100 percent robotic systems can be used in packaging in the next five years. How much will these robots replace employees? He has also said that the work will certainly change, but the need for man will remain.
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