Amazon Starts New Round of Layoffs That Will Affect 18,000 Workers

Amazon started a new round of massive layoffs aiming to eventually cut around 18,000 jobs. The employees were informed of the cuts in emails sent by Doug Herrington, the company’s worldwide retail chief, and human resources head Beth Galetti, according to CNBC.

It's not clear how many workers are going to be affected in this round, but the company let go of 2,300 employees in Washington.

The first layoffs began in November, and at that time, they were rumored to influence 10,000 people. Herrington's note says that it is "part of a wider effort to lower our cost to serve so we can continue investing in the wide selection, low prices, and fast shipping that our customers love."

It also states that those in the US who can't stay will get "a 60-day non-working transitional period with full pay and benefits, plus an additional several weeks of severance depending on the length of time with the company, a separation payment, transitional benefits, and external job placement support."

This Amazon's round follows Microsoft and its decision to reduce the headcount by 10,000 employees.

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