Amazon Layoffs 2022: The world's largest retail company Amazon is going to lay off 10,000 of its employees. First social media platform Twitter, then Facebook's Meta and then Microsoft have cut their staff. After this, Amazon is also going to decide to lay off its working staff. Employees may be laid off this week.
What is the reason ?
According to sources, Amazon.com Inc's sales are falling, putting pressure on the company to cut costs. This is the case not only with Amazon, but with other companies as well. Behind it is the prospect of a global recession, keeping in mind the big companies have started cutting their costs.
1 percent of employees will be Fired
Amazon has approximately 1,608,000 full-time and part-time employees as of December 31, 2021. Amazon has decided to do this after a 1 month long review. If Amazon lays off 10,000 employees, it will be the largest layoff in Amazon's history. Amazon employs more than 1.6 million people worldwide. In which the company is going to fire only 1 percent of the employees.
Things are not normal
It is known that the economies of many big countries like America, Europe are going through a period of ups and downs, which is having a direct impact on the market demand and jobs of big companies. In a way, companies are trying to reduce their costs. To control costs, the company is showing its employees a way out.
What the company said
To reduce costs, Amazon is increasing the use of robots in its operations. Currently, about 3/4 of the packets delivered by Amazon have passed through some sort of robotic system. Regarding this, Amazon Robotics Chief Ty Brady says that in the next 5 years, 100 percent robotic systems can come in packaging. How soon these robots will replace human employees, it is not yet possible to say. He said that work will certainly change, but the need for human beings will always remain.