Amazon will reportedly lay off 10,000 workers

  • A wave of layoffs has swept across American business in 2022.
  • The cuts stem from slower business growth, paired with rising labor costs.
  • The layoffs span across industries, from mortgage lending to digital-payment processing

Amazon is the latest major tech firm to slash its headcount in 2022. 

The e-commerce giant plans to lay off as many as 10,000 workers across divisions, including devices, retail, and human resources, The New York Times first reported. Layoffs have already begun, and CEO Andy Jassy said in a note to employees that they'll extend into next year. Read the full article here

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