• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Tech News

Just like Meta, Amazon is planning to lay off 10,000 workers

Samson Akintaro by Samson Akintaro
November 15, 2022
in Tech News
Just like Meta, Amazon is planning to lay off 10,000 employees
Share on FacebookShare on TwitterShare on Linkedin

The world’s largest online retailer, Amazon, is planning mass layoffs that will affect up to 10,000 of its employees. 

If this comes through, it will be the 4th mass layoff by a tech giant in November alone after Stripe, Twitter, and Meta cut over 15,000 jobs since the beginning of the month. 

According to a report by New York Times citing anonymous sources, the job cuts will target the devices group, including the one responsible for the Alexa voice assistant, along with the retail division and human resources.  

RelatedStories

MacKenzie Scott,

Bezos’s ex-wife, MacKenzie Scott, is $3.69 billion poorer in 2025 

May 11, 2025
TikTok , Italy

Amazon, OnlyFans founder join race to acquire TikTok as April 5 deadline nears 

April 3, 2025

Amazon employs over 1.6 million globally and this makes the reported 10,000 employees less than 1% of its workforce.  

Earlier warning: The report comes just weeks after the e-commerce giant warned of a slowdown in growth for the busy holiday season, a period when it used to generate the highest sales. Amazon said this was because consumers and businesses have less money to spend due to rising prices. 

Amazon has spent much of this year adjusting to a sharp slowdown in e-commerce growth as shoppers resumed pre-pandemic habits. Amazon delayed warehouse openings and froze hiring in the retail group. Amazon Chief Executive Officer Andy Jassy has vowed to streamline operations amid slowing sales growth and economic uncertainty. 

Tough year for tech: With the recent layoffs, the year 2022 will go down as one of the toughest years for global tech giants. After Stripe, America’s fintech giant announced it was cutting 1,120 jobs, Elon Musk also fired 3,700 out of about 8,000 Twitter workers. Meta followed with a massive 11,000 head cuts and Amazon is about to throw another 10,000 into the labor market. 

Unfortunately, analysts are projecting the layoff frenzy will extend to Q1 2023 as the global economy gets tougher.  

 

 


Follow us for Breaking News and Market Intelligence.
Tags: AmazonTech layoffs
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

MacKenzie Scott,
Billionaire Watch

Bezos’s ex-wife, MacKenzie Scott, is $3.69 billion poorer in 2025 

May 11, 2025
TikTok , Italy
Sectors

Amazon, OnlyFans founder join race to acquire TikTok as April 5 deadline nears 

April 3, 2025
Billionaire Jeff Bezos’s Blue Origin sacks 10% of workforce to cut cost 
Billionaire Watch

Billionaire Jeff Bezos’s Blue Origin sacks 10% of workforce to cut cost 

February 14, 2025
Amazon confirms it will cut over 18,000 jobs
Sectors

Amazon considers advertising on X after 12-month hiatus

February 1, 2025
Amazon, Microsoft, and Meta kick against new rule limiting global access to AI chips 
Sectors

Amazon, Microsoft, and Meta kick against new rule limiting global access to AI chips 

January 8, 2025
What Donald Trump’s second Presidency means for Nigerian economy 
Diaspora

Amazon donates $1 million to Trump’s inaugural fund 

December 13, 2024
Next Post
Zainab Ahmed says Naira likely to weaken further

Nigeria to implement “Vision 2050” to increase GDP per capita to $33,000- Minister

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Ekiti State opens job applications for Agro-Allied International Cargo Airport operations 
  • Nigeria Immigration Service receives tech tools from Dutch Government to boost migration control 
  • Most expensive African countries to rent a home in 2025 

Follow us on social media:

Recent News

Ekiti State opens job applications for Agro-Allied International Cargo Airport operations 

Ekiti State opens job applications for Agro-Allied International Cargo Airport operations 

June 24, 2025
Nigeria Immigration Service receives tech tools from Dutch Government to boost migration control 

Nigeria Immigration Service receives tech tools from Dutch Government to boost migration control 

June 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics