Amazon Has began Biggest Layoffs In Its 28-Year History
Amazon yesterday began laying off employees, beginning with its Devices & Services division, which makes products like Alexa, Echo speakers, Fire TV, Ring cameras, and cloud gaming service Luna.
The e-commerce giant this week will lay off about 10,000 workers, or roughly 3% of its corporate employees, the largest job cut in the company’s 28-year history. The cuts are rolling out team by team, rather than all at once, the New York Times reported on Monday.
Limp revealed that Amazon notified the impacted employees yesterday and will help them find new roles within the company. If an employee cannot find a new role internally, Amazon will provide them a “separation payment, transitional benefits, and external job placement support,” he wrote.
In response to questions about h...