According to LinkedIn posts, Amazon employees were let go as technology companies trimmed costs.

 

 

 

 

According to entries made on LinkedIn by employees who claim to have been touched by job losses, technology giant Amazon has started laying off people.

According to reports from earlier this week, the corporation intends to eliminate 10,000 jobs, or around 3% of its office workforce.

A BBC request for comment did not immediately receive a response from Amazon.

It occurs as businesses experience slow sales and grow increasingly concerned about an economic downturn, leading to the loss of thousands of jobs across the technology sector.

The BBC has seen posts made by employees of Amazon’s Luna cloud gaming platform and Alexa virtual assistant businesses.

One worker identified herself as a software development engineer in the US, posted that she was looking for a new job:

“Due to the nature of my visa, I have a limited time to lookout for new work opportunities.”

Another Amazon worker who said they had been impacted by the layoffs said: “Of course I am saddened, yet optimistic about the future because I know this means good change for me and others on my team.”

 

The company had already introduced a hiring freeze and halted some of its warehouse expansions, warning it had over-hired during the pandemic.

It had also taken steps to shut some parts of its business, cancelling projects such as a personal delivery robot.

Last month Amazon’s founder and chairman Jeff Bezos warned that the US economy was sending a signal to “batten down the hatches”.

Amazon’s share price has fallen by more than 40% this year as it grapples with a slowdown in online sales.

Other major technology companies have already announced major layoffs as they cut costs.

Last week Meta – which owns Facebook, Instagram and WhatsApp – announced that it would cut 13% of its workforce.

The first mass lay-offs in the firm’s history will result in 11,000 employees losing their jobs.

Shortly after Elon Musk took over Twitter it was confirmed that he would cut the social media platform’s headcount by around 50%.

In recent weeks technology giant Microsoft, payment processing platform Stripe and cloud-based business software firm Salesforce have also announced layoffs.

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