Amazon Begins Layoffs, 10,000 Employees Expected to be Impacted
Summary from the AllSides News Team
Amazon began a round of layoffs on Wednesday. The layoffs were initially reported by the New York Times (Lean Left Bias) on Tuesday, with reports stating approximately 10,000 employees could lose their position at the company as it works towards consolidating select divisions and teams.
Key Quotes: Dave Limp, Senior Vice President of Devices & Services at Amazon, addressed Amazon employees in a blog post on Wednesday, blaming the jobs cuts on the “unusual and uncertain macroeconomic environment” and promising laid-off employees would receive “separation payment, transitional benefits, and external job placement support.” In a televised interview with CNN Business (Lean Left Bias), Amazon founder Jeff Bezos stated, “the probabilities say that if we’re not in a recession right now, we’re likely to be in one very soon.”
For Context: The layoffs follow a trend of work-force shrinkage in the tech sector in recent months. Twitter is in the process of cutting its work-force in half. Microsoft laid-off nearly 1,000 employees in October. Meta laid-off over 11,000 workers, 13% of the company’s workforce, earlier this month.
How the Media Covered It: The layoffs at Amazon were covered moderately across the spectrum, with the most coverage coming from business and technology outlets. The New York Times report attributed the Amazon layoffs to a decline in revenue after the extreme growth seen during the pandemic, when online shopping was increasingly relied on by consumers.
Featured Coverage of this Story
From the Right
Alexa, cut costs! Amazon begins layoffs at devices, services unitsAmazon on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around 10,000 job cuts, including in its retail division and human resources.
The announcement, Amazon’s first since media outlets including Reuters reported its layoff plans on Monday, heralded a dramatic shift for a company known for its job creation and added shape to the latest dismissals befalling the technology sector.
Amazon executive Dave Limp in a blog post said the company had decided to consolidate teams in its devices unit,...
From the Center
Amazon Is Next In The Onslaught Of Tech LayoffsAmazon plans to lay off around 10,000 employees beginning as soon as this week
The online retail giant represents another in a growing chain of tech firms slashing head counts to constrain costs
CEO founder Jeff Bezos issued a recession warning the day before the announcement, suggesting headwinds are blowing in
On Monday, the New York Times NYT -1.5% reported that Amazon is looking to slash headcounts by up to 10,000 employees. Most of the cuts will purportedly occur in departments like devices, retail and human resources.
So far, the...
From the Left
Layoffs Begin at Amazon: 'Some Roles Will No Longer Be Required'Winter has arrived at Amazon.
The company began laying off employees across multiple divisions of its corporate and tech business on Tuesday, less than two days after a New York Times report said the company was eyeing company-wide layoffs potentially impacting 10,000 employees. Workers involved in Amazon’s Alexa smart home speaker and Luna cloud gaming units are reportedly amongst those already packing their bags.
Amazon Senior Vice President of Devices and Services Dave Limp acknowledged the restructuring in an email to staff and a blog post. In it, Limp attributed...
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