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Home » The wave of layoffs continues in Amazon, 2300 employees got warning notice
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The wave of layoffs continues in Amazon, 2300 employees got warning notice

Nisha ChawlaBy Nisha ChawlaJanuary 19, 2023Updated:January 19, 2023No Comments2 Mins Read
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Amazon LayOff News: In the first week of January 2023, the company had laid off 8 thousand employees and now warning notice has been issued to 2300 employees. Let us give you detailed information about this.

Amazon Layoff: Know the details

Image Credit source: AFP

Amazon Layoff News: As soon as the year 2023 started, e-commerce company Amazon had announced that the company is going to show the way out to 18 thousand employees and now there are reports that about 2,300 employees will be fired under the Warn Act of Amazon company. has received a warning notice. According to the report of the news agency Reuters, apart from America, employees working in Costa Rica and Canada are going to be hit.

As the company’s CEO Andy Jassy had already announced that the job of more than 18,000 employees is hanging in the balance. Its effect was seen in the first week of January 2023, when the company cut the number of employees by 2 percent, laying off about 8 thousand employees.

As the CEO of the company has already indicated that 18 thousand people will lose their jobs. After 8 thousand employees in the first week of January, the wave of retrenchment is still going on, it is possible that in the coming time more people working in the company may lose their jobs.

Tech company announcing layoffs one after the other

Big tech companies around the world are taking big decisions like layoffs one by one, remind that recently Microsoft has also decided to expel about 11 thousand people from the company. This retrenchment in Microsoft will affect the engineering department of the company, which means that the employees working in this department of the company will be affected by the retrenchment.

Please tell that Microsoft had hired 36 percent people during COVID and now the company has taken a big decision to lay off only 5 percent of the employees. But at the same time, the company’s CEO Satya Nadella had also made sure that the company would hire people in the Artificial Intelligence division. Remind that last year even big companies like Twitter and Meta had shown thousands of employees the way out of the company.

: Language Inputs

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Nisha Chawla
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She is an expert in Banking, Finance and working with an international bank. She sharing her ideas and knowledge with Business Khabar.

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