Amazon prepares to lay off around 20,000 employees

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Amazon is reportedly putting plans in place to join the trend of laying off employees, with plans to lay off around 20,000 employees from the company in the coming months.

Employees said to be affected include, but are not limited to, those at distribution centers, Stores, PXT organizations, technology departments, and even corporate executives, as well as layoffs at all levels of employees, all from multiple geographic locations.

Amazon CEO Andy Jassy confirmed layoffs in a public message to employees on November 17, though he did not specify the number of employees to be laid off. And one of the structures Amazon has put in place to accomplish this goal is to ask Company managers to identify work performance issues among employees.

Jassy hinted in November that more role reductions will occur at Amazon as leaders continue to make adjustments and streamline costs after Amazon reached an all-time high during the pandemic. However, Amazon, like other tech companies, is now facing an economic meltdown. Rising interest rates, the war in Ukraine, high fuel costs, supply chain issues, and a decline in personal PC sales are said to be the causes of this meltdown, which is also the cause of many tech layoffs.

Reports says corporate employees will be notified of their layoff within 24 hours and will be paid severance pay “in accordance with their company contracts.”

The sources for this piece include an article in ComputerWorld.

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