As soon as this week, tech giant Amazon plans to lay off around 10,000 workers in corporate and technology jobs for the company, according to a new report.
The report comes from The New York Times, which spoke with people familiar with the matter. The layoffs are said to be the largest job cuts in the company’s history.
The job cuts will be focused on the company's device organization teams, its retail division, and some jobs in human resources, according to the report.
While 10,000 is an estimate for the number of jobs expected to be cut, the actual figures remain fluid and are expected to roll out team by team instead of all at once, the report said.
If Amazon does decide to cut 10,000 positions, it would account for approximately 3% of the company’s corporate employees and less than 1% of its global workforce, which totals more than 1.5 million.
Amazon has declined to comment on the report.
This is just the latest tech company to make trims and lay off workers as the pressures of the economy continue to take their toll.
Most recently, Twitter saw a mass number of layoffs after new owner Elon Musk announced he had to reduce the company’s headcount by nearly half, citing the company losing millions daily.
But Twitter isn’t an outlier, as Meta, the parent company of Facebook, also announced plans to cut nearly 11,000 employees, accounting for 13% of its workforce, late last week. Other tech firms to make cuts include Lyft and Stripe.
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