Amazon plans to sack 10,000 employees this week: Report
American e-commerce giant Amazon plans to sack 10,000 employees, representing 3 per cent of the company’s corporate personnel and less than a per cent of its global workforce.
According to the New York Times, 10,000 staff will be laid off this week, which is the largest layoff in the company’s history.
The media outlet cited anonymous sources saying the job cuts will focus on Amazon’s devices organisation, including the Alexa voice-assist tool, as well as at its retail division and human resources.
The company is yet to officially announce the number of staff that will be laid off in the coming days, including the number of employees affected in Africa.
Last week, the global e-commerce company announced the opening of the Amazon Web Services Inc office in Nigeria’s commercial capital of Lagos.
In October, the company’s growth weakened to its lowest rate of the year, in what would typically be the busiest period of the year.
Amazon won’t be the first global company to embark on mass layoff of employees. Recently, Elon Musk, owner of Twitter, sacked 75 per cent of the company workers.
Similarly Meta, the principal owner of WhatsApp, Instagram and Facebook announced that it would sack 11,000 workers in order to maintain the cost of operation.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Lagos
LASTMA impounds 84 vehicles over traffic violations
Olalekan Bakare-Oki, general manager of LASTMA, said the enforcement exercise took place at Idumota, Iddo, Ijora-Olopa, Costain and Onipanu.
States
Insecurity: Kano govt restricts durbar procession, horse riding
The Kano state government announced restrictions on durbar processions and horse riding after an emergency meeting of the State Security Council.
Economy
NGX chairman woos global investors, highlights Nigeria’s opportunities
Mr Kwairanga said opportunities abound for venture capital, private equity and institutional investors in infrastructure financing and solid minerals development, among others.
Hot news Home top
Gov Oyebanji dissolves boards, terminates political appointments ahead of October 16 inauguration
Mr Oyebanji said the decision became necessary as his administration gradually winds down its first term ahead of the inauguration of his second term scheduled for October 16.
Heading 2
Nigerians will re-elect Tinubu in 2027, says Tompolo
Mr Ekpemupolo expressed confidence that Mr Tinubu would win across the states by securing at least 70 per cent of the votes.
States
Woman arrested over alleged attempt to smuggle alcohol to Ogun inmate
“She was caught concealing ethanol inside a bottled water pack, disguising it as drinking water intended for an inmate,” the command’s PRO, Olayinka Odukoya, said.
