Key facts
- Amazon plans to lay off 10,000 employees.
- The layoffs will begin this week.
- The cuts will impact the devices organization, retail division, and HR.
- This is Amazon's largest job cut in its history.
Amazon plans to lay off approximately 10,000 employees starting this week. This move represents the largest job cut in the company's history. The affected roles will primarily be within Amazon's devices organization, its retail division, and its human resources department. The company has faced increasing economic uncertainty and a slowdown in growth following a pandemic-fueled boom.