Amazon plans to lay off 10,000 employees

employees in corporate and technology jobs starting as soon as this week, the New York Times reported on Monday, saying the job cuts would be the largest ever for the e-commerce giant. This comes the same day the company’s founder, Jeff Bezos, announced that he would give away most of his $124 billion fortune to charity. The layoffs will target the devices group, including the one responsible for the Alexa voice assistant, along with retail division and human resources, the newspaper reported. Amazon is the latest US company to make deep workforce cuts to brace for a potential economic downturn. Last week, Meta Platforms said it would cut more than 11,000 jobs to rein in costs. Other companies include Elon Musk-owned Twitter Inc and Microsoft Corp.