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Amazon begins cutting 18,000 workers in its biggest layoffs ever
Amazon reportedly plans to lay off 10,000 workers this week
The Heritage Foundation’s Andy Puzder discusses Amazon’s sweeping layoffs and how the labor force has changed since the COVID-19 pandemic on “Fox Business Tonight.”
Amazon's workforce reduction – the largest in its history – will begin Wednesday.
Earlier this month, Amazon CEO Andy Jassy told employees in a blog post that the company was laying off about 18,000 people as it seeks to cut costs and would begin contacting impacted employees on Jan. 18.
"Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so," Jassy said in the Jan. 4 post. "These changes will help us pursue our long-term opportunities with a stronger cost structure."
Amazon declined to comment beyond the blog post.
AMAZON PLANS TO LAY OFF 10K EMPLOYEES: REPORT
The layoffs, which are just a fraction of its 1.5 million global workforce and part of the company's ongoing annual operative review, will mostly impact the company’s Amazon Stores division — which encompasses its e-commerce business as well as company’s brick-and-mortar stores — and its PXT organizations, which handle human resources and other functions.