Report: Amazon To Lay Off 10,000 Employees | Entrepreneur

Amazon became the latest technology giant that’s likely to conduct large-scale layoffs, according to the New York Times. On Monday, the outlet reported that the company planned to lay off some 10,000 people, citing “people with knowledge of the matter.”

It’s the latest post-pandemic labor rout in the tech industry. Earlier this month, Twitter laid off roughly 3,000 employees. Meta laid off over 11,000 people last week. Google, Apple, and Disney have announced plans to cut costs or slow down hiring.

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Boeing Slashes Over 12,000 Jobs, With More Cuts Coming | Forbes

Boeing announced Wednesday that the company is cutting over 12,000 jobs—most of those in the Seattle area—as the beleaguered air manufacturer deals with the fallout of the coronavirus pandemic that’s at times seen air travel drop over 90% compared to 2019.

The company plans to lay off 6,770 U.S. workers this week, with another 5,520 workers being asked to take buyouts in coming weeks.

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