A jobs crisis? Twitter, now ready for Amazon layoffs after Meta, to lay off 10,000 employees!
After Twitter and then Meta, now Amazon has prepared to remove 10 thousand people simultaneously. The New York Times reports that Amazon could show 10,000 people the way out.
People are losing their jobs all over the world. The layoffs of employees in big companies are going on. After Twitter and then Meta, now Amazon has prepared to remove 10 thousand people simultaneously. The New York Times reported on Monday that Amazon could be showing 10,000 people the way out. Let us tell you that Tesla’s Elon Musk announced a large number of layoffs after the acquisition of Twitter. After which Meta was also seen following his footsteps. Metta had announced it was laying off 11,000 employees, 13 percent of its total workforce.
The New York Times reported that Amazon had previously cut jobs in September in a major move. After which the recruitment of 10 thousand posts for business retail was also postponed to the next month i.e. October. The report noted that the workforce employed by Amazon is less than 3 percent of the company’s total workforce.
Amazon’s growth rate has now fallen to its lowest level in two decades after experiencing its most profitable time on record during the years of the Covid-19 pandemic, the New York Times report said. There was a surge in online shopping by consumers during the pandemic.