Amazon Layoffs 18,000 Employees Amid Global Crisis

• Amazon has announced that it will be carrying out a record layoff of 18,000 employees due to the global economic crisis.
• The decision will affect the company’s e-commerce and human resources departments.
• Amazon recently doubled its base pay ceiling for employees, but continues to make massive layoffs.

Online retail giant Amazon recently announced that it will be carrying out a record layoff of 18,000 employees due to the global economic crisis. This decision comes as a follow-up to a previous one, and the layoffs will affect no less than 6% of the company’s 300,000-man corporate workforce. The decision will largely affect the company’s e-commerce and human resources departments.

The announcement came as a surprise to many as Amazon had recently doubled its base pay ceiling for employees. Despite the raise, Amazon has decided to make massive layoffs in order to help the company stay afloat amidst the current economic crisis. The full details of the layoffs will be revealed by January 18.

The decision to lay off employees has been a trend among global firms recently, however, the scale of Amazon’s decision is unprecedented. It is yet to be seen how this decision will affect the company in the short and long term, but it is clear that Amazon is doing what it can to survive the crisis.

The decision has been met with mixed reactions from the public and the business community at large. For many, the decision to lay off workers is a necessary evil in order to ensure economic stability, while others worry about how this will affect the livelihoods of the affected employees.

Regardless, the decision has been made and it is now up to Amazon to ensure that the affected workers are given the necessary support and resources to help them transition into new roles. It is also important for Amazon to continue to prioritize the safety and wellbeing of its employees during this difficult time.