Amazon is set to kickoff a round of layoffs that will affect more than 18,000 employees in the largest job cut in its history. The company had announced earlier this month that it was going to lay off people, joining the likes of Microsoft, Twitter and Meta.
The jobs cuts are being attributed to the slowing online sales growth as the e-commerce to streaming conglomerate braces for a possible recession. The expected recession is likely to affect the spending power of its customers.
You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.
