Highlights:
- Amazon has started the process of lowering its overall employee count.
- Contractors in the human resource department are first in line.
- The company will lay off some full-time employees as well.
Amazon, like Twitter and meta, is about to execute the largest layoff program in the company’s entire history. The firing procedure has already started, sources say.
According to the details, this Jeff Bezos-led company has started the firing procedure by dismissing contractors working on the recruiting side.
In addition to terminating the contract workers, the corporation also intends to terminate 10,000 full-time workers.
The full-time staff layoffs are anticipated to start anytime this week.
It is also pertinent to note that Stripe, an online payment startup, and Lyft, a car-hailing service, also recently carried out big layoffs.
