Key facts
- Amazon plans to lay off approximately 10,000 employees.
- The layoffs began in early November.
- The cuts will primarily affect the devices organization, retail division, and human resources.
- This marks the largest workforce reduction in Amazon's history.
The tech industry has seen a wave of layoffs in 2022 as companies grapple with slowing growth and rising inflation. Amazon's decision to cut jobs reflects a broader trend of cost-cutting measures across the sector.
