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Home  /  Business  /  Amazon set to fire 20,000 employees, including top managers

Amazon set to fire 20,000 employees, including top managers

by Shriya Kataria
December 5, 2022
in Business, Technology
Reading Time: 2 mins read
Amazon set to fire 20,000 employees, including top managers

According to rumors, Amazon intends to let go of 20,000 of its present employees. Amazon will conduct a significant round of layoffs in the upcoming months, terminating the workers at their regional distribution centers. The corporation would also let go of its corporate leadership and technological workers, according to the DNA.

CEO Andy Jassy had already made hints about the layoff, but he had not made it clear how many workers will be let go. In November, The New York Times reported that the business was thinking about terminating workers.

Amazon’s CEO announced that they would continue the process of a layoff

According to a recent report, the corporation is now more likely to fire 20,000 employees, representing all levels of employment, than it was previously. The CEO of Amazon recently stated that the company will continue the process of layoffs and that the affected employees would be notified after the company had completed its assessment. Therefore, it is very possible that the number of people being let go has increased as all departments throughout various locations are being thoroughly assessed in order to make cost savings.

“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,” Andy stated.

“We haven’t concluded yet exactly how many other roles will be impacted”

Jassy recently stated, “We just felt like we needed to streamline our costs,” when asked about the layoffs at The New York Times DealBook conference.

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