Amazon ‘preparing for large layoffs’ as sales sluggish – report

Amazon joins a string of other tech firms asserting layoffs in warnings of an economic downturn. The listing incorporates Meta, the guardian company of Fb, Instagram and WhatsApp, which also just lately reported it would reduce 11,000 work — the most significant layoff in its background, or about 13% of its workforce.

See also  Mind the money: Why retail investors continue to keep laggards and offer winners: Arun Thukral explains - The Financial Times

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.