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Job Cuts: Big announcement….! This company fired 5% of its employees, the company announced

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Job Cuts: Big announcement….! This company is once again going to do mass layoffs. The company has announced this on Thursday.


Amazon Layoffs 2024: With the beginning of the new year, the process of layoffs has started in the world’s biggest companies. After the announcement of layoffs in Google and Citigroup, Amazon is also going to lay off employees on a large scale. Giving information about the layoffs on Thursday, it said that it is going to lay off 5 percent of the employees from its Buy with Prime unit. The company started this unit in the year 2022. This platform was launched specifically to help traders and improve the logistics network.

So many employees will be employed

While announcing this layoff, Amazon has not made it clear how many employees will be laid off. According to the news of news agency Reuters, after this decision of Amazon, more than 30 employees working in the unit will be affected by this decision. However, Amazon has said that the company will help the retrenched employees to get a job in another unit or some other company.

Even before this the company has announced layoffs

The process of global layoffs that started two years ago is not showing any sign of stopping even in 2024. Amazon recently announced large-scale layoffs at Twitch, the firm that runs its live streaming platform. According to a Bloomberg report, the company is going to fire about 35 percent of the employees from Twitch.

Google has also announced layoffs

Before Amazon, Google has also made plans for mass layoffs. The company is making large-scale layoffs in the Hardware, Core Engineering and Google Assistant teams in the year 2024. Along with this, employees of the voice-activated Google Assistant software team are being fired from their jobs.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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