cosa-logo_306
artboard-1

Amazon to lay off 20,000 globally over New Year period

Amazon is cutting back on its workforce. The retail and cloud computing giant is reportedly set to lay off around 20,000 employees globally, including distribution center workers, technology staff and corporate executives.

In mid-November, The New York Times reported that the company would enact mass layoffs. Citing sources, the publication said Amazon would cut up to 10,000 jobs.

Now, sources say company managers have been told they should identify work performance problems among employees in order for the termination process to go more smoothly and quickly.

In the wake of lay-off stories, Amazon’s CEO Andy Jassy confirmed the news. However, he did not specify the number of job losses that would be involved.

“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,” Jassy wrote in a public message to employees.

Share This Article

Facebook
LinkedIn
Twitter

Advertise Now

Pricing
Click to zoom
What's in it for you?
Click to zoom

WELCOME TO
Chief of Staff Asia