Amazon is planning to lay off around 20,000 employees from the company in the coming months.
Meanwhile from several regions, the employees will be fired from distribution centers including their technology staff and corporate executive.
Earlier, CEO Andy Jassy hinted at the layoff but the number of employees to be fired was not mentioned.
According to the media reports the company was planning to fire 10,000 employees but now the new report claimed that the company is planning to fire 20,000 people at all levels.
Moreover, the process of a layoff would continue for a few months, and once the company assesses everything impacted employees will be informed.
Amazon CEO Andy Jassy, “Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments. Those decisions will be shared with impacted employees and organizations early in 2023. We haven’t concluded yet exactly how many other roles will be impacted (we know that there will be reductions in our Stores and PXT organizations), but each leader will communicate to their respective teams when we have the details nailed down. And, as has been the case this week, we will prioritize communicating directly with impacted employees before making broad public or internal announcements.”
However, by reviewing all the department savings cost the number of reductions might have been increased.