Read the memos Amazon execs sent to employees about job cuts
Publishing timestamp: 2023-01-18 12:41:09
Summary
Amazon has begun job cuts, which are expected to affect more than 18000 people, the largest round of cuts in company history. Employees were notified of cuts in emails sent by the company's worldwide retail chief and human resources head. The job cuts come after a period of rapid headcount growth during the Covid-19 pandemic. Employees are being provided with packages that include a 60-day non-working transitional period with full pay and benefits, plus additional severance and job placement support.
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Keywords: amazon.com inc, breaking news: technology, technology, internet, business news,
Source: https://www.cnbc.com/2023/01/18/amazon-job-cuts-read-the-memos.html