Amazon (AMZN) is preparing to lay off roughly 10,000 employees as soon as this week, The New York Times reported on Monday, citing unnamed sources familiar with the matter.
The layoffs come as the tech industry continues to struggle amid a slowing economy, rising interest rates, and stubborn inflation. Facebook parent Meta and Twitter also laid off thousands of employees this month.
The layoffs will impact Amazon’s Alexa business, as well as the company’s retail and human resources…
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