Amazon begins another round of job cuts as it lays off more than 18,000 people

Amazon has started notifying employees affected by its new round of layoffs, part of its plan to reduce its headcount by around 18,000 people, according to a report from Bloomberg and memos released by CNBC. The move, which comes after a previous round of layoffs, is part of what’s a very painful day for tech workers; Microsoft also announced on Wednesday that it’s cutting around 10,000 jobs, and its CEO has predicted that the tech industry has two difficult years ahead of it.

In November, Amazon started its first round of layoffs. At the time, there were reports that around 10,000 people would be affected, including members of its hardware and services, human resources, and retail teams.

In January, Amazon confirmed the layoffs and…

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Author: Mitchell Clark. [Source Link (*), The Verge – All Posts]

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