Layoffs, buyouts, and rescinded offers: Amazon’s status as a top tech employer is taking a hit

Posted on AllSides December 8th, 2022
From The Left
Economy and Jobs, Amazon, Layoffs
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ANALYSIS

Amazon has long been one of the top employers in the tech industry. Online shopping was consistently growing, and Amazon’s two main profit engines, cloud services and advertising, were growing even faster. If you took a white-collar job at Amazon, whether you stayed there two years or 10, your career seemed to be set. Until last month.

In late November, Amazon began making what are expected to be the largest corporate staff cuts in its 28-year history, axing as many as 10,000 corporate employees, or about 3 percent of the company’s office...

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