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… Source link
Read More »‘I thought I’d be clear in this layoff’
At the start of this week, a technical recruiter at Meta (META) thought layoffs wouldn’t touch her, she told Yahoo Finance. She performed well at work, always meeting or exceeding expectations at a company that had prioritized attracting engineering talent for years. She was also in her third trimester of pregnancy. “Until yesterday, I thought I’d be clear in this layoff,” she said, speaking on the condition of anonymity. “I didn’t think these layoffs would be to the scale that they… Source link
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