Amazon Plans to Cut 18,000 Jobs

From a story on by Ina Fried headlined “Amazon to cut 18,000 jobs”:

Amazon notified employees on Wednesday it plans to cut 18,000 jobs amid slowdowns in consumer and corporate spending.

Why it matters: That figure is the largest layoff at any tech company in recent months — bigger than workforce reductions at Meta, Snap and Twitter.

Details: The 18,000 count includes both previously announced cuts, which focused largely on the company’s devices and books business, as well as newly announced reductions that involve other units, including Amazon’s people and technology team.

Amazon Cutting Thousands of Jobs, the Latest Tech Titan Shrinking Its Workforce

From a Washington Post story by Rachel Lerman, Jacob Bogage, and Julian Mark headlined “Amazon plans to cut thousands of corporate workers”:

Amazon is preparing to carry out massive layoffs as soon as this week, cutting roughly 10,000 jobs and adding to a wave of jobs cuts thrashing the tech industry.

The cuts will be concentrated among the corporate workforce.

Amazon is the latest tech titan moving to aggressively shrink its workforce: Facebook, Twitter, Salesforce and others have announced significant layoffs this year — a jarring turnaround for an industry that had taken on an aura of invincibility after a decade of explosive growth.