Figure for layoffs is 70 per cent more than initially planned
Thu Jan 5 2023 - 00:16
The cuts, which began last year, were previously expected to affect about 10,000 people. The layoffs are concentrated in the firm’s corporate ranks, according to the Journal, which cited unidentified people familiar with the matter. Eliminating 17,000 workers would be the biggest cut yet for tech companies during the current slowdown, but Amazon also has a far bigger workforce than Silicon Valley peers. It had more than 1.5 million employees as of the end of September, meaning the latest cuts would represent about 1 per cent of the workforce.Amazon employs about 5,000 people in Ireland. It is not clear what impact the cuts may have on the operations here.
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