Amazon will lay off 10,000 employees: The E-commerce website Amazon is planning to lay off a large number of employees. The New York Times has reported that Amazon is planning to lay off around 10,000 people working in the corporate and IT sectors as soon as this week. These retrenchments will be done from among the employees working around the world.

What is the reason?

The effect of recession is being seen in the world. Big companies are laying off one after the other. After big companies like Facebook, Twitter, and Snapchat, now Amazon is also going to lay off people working here.

READ MORE: Meta Layoffs: After Twitter, now there is a massive layoff in Meta, this week thousands of workers may lose their jobs

According to a report in Daily Mail, after Twitter and Meta, now e-commerce company Amazon has laid off its employees in units that are new and have failed to make a profit this year.

The company was already reviewing

The Wall Street Journal recently reported that Amazon.com Inc. is reviewing its non-earning businesses. This includes the device unit and voice assistant Alexa. After a month-long review, Amazon has asked employees of units that were not making profits to look for jobs elsewhere. While some teams have been asked to redeploy staff to more profitable areas and close teams in areas such as robotics and retail. After paying attention to all these things, the company fired 1000 people.