• Latest
  • Trending
Amazon To Lay Off 10,000 Employees

Amazon To Lay Off 10,000 Employees

November 15, 2022
Yoruba Imams Denounce Extremist Groups, Declare No Affiliation

Yoruba Imams Denounce Extremist Groups, Declare No Affiliation

June 9, 2026
2023: US To Place Visa Sanction On Individuals Seeking To Sabotage Nigeria’s Democratic Process

Nigerians Burn N50.7b on US Visas Amid High Rejection

June 9, 2026
Obasanjo Dumps APC After Ticket Loss, Cites Disrespect

Obasanjo Dumps APC After Ticket Loss, Cites Disrespect

June 9, 2026
Ebola Alert: NCDC Places Lagos, FCT, 8 States On Watch

Africa CDC, WHO Launch 6-Month $518m Ebola Response Plan

June 9, 2026
Makinde Flags Off Reconstruction Of Airport-Ajia- New Ife Express Road

FG Pays 1,240 Contractors, Clears ₦436.6bn in May

June 9, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Warri-Itakpe Train Derails, Passengers Feared Dead

Warri-Itakpe Train Derails, Passengers Feared Dead

June 9, 2026
Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

Oyebanji Plans 1,000 Forest Ranger as Ekiti Farmers Back Re-election with N5m

June 9, 2026
Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

Ekiti Muslim Leaders Pledge 150,000 Votes for Oyebanji

June 9, 2026
Tinubu Swears In Tegbe, Enikanolaiye as Ministers

Tinubu Swears In Tegbe, Enikanolaiye as Ministers

June 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Tuesday, June 9, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Amazon To Lay Off 10,000 Employees

by Present Nigeria
November 15, 2022
in Business
0
Amazon To Lay Off 10,000 Employees
28
SHARES
56
VIEWS
FacebookTwitterWhatsappTelegram

Amazon is preparing to lay off as many as 10,000 employees, The New York Times reported on Monday, making the e-commerce behemoth the latest tech giant to unleash a large-scale redundancy plan.

This would represent a little less than one percent of the group’s total payroll, which had 1.54 million employees worldwide at the end of September, not counting seasonal workers who are recruited during periods of increased activity like the Christmas holidays.

RelatedPosts

Yoruba Imams Denounce Extremist Groups, Declare No Affiliation

Nigerians Burn N50.7b on US Visas Amid High Rejection

Obasanjo Dumps APC After Ticket Loss, Cites Disrespect

The Times report said the affected positions will be located in Amazon’s devices department, the retail division and human resources.

The distribution by country was not specified.

The report said that the total number of employees laid off could change, but if confirmed, it would be the largest round of firings in the history of the 28-year-old company founded by Jeff Bezos.

The layoffs would follow an aggressive hiring spree. With business booming due to the coronavirus pandemic, as cooped up people turned in earnest to online shopping, Amazon doubled its workforce from the first quarter of 2020 to 1.62 million employees two years later.

But with the economy souring, two weeks ago Amazon announced a hiring freeze and its workforce has already decreased compared to the beginning of the year.

Contacted by AFP, Amazon did not respond immediately to a request to comment.

Last week, Meta, Facebook’s parent company, announced it was cutting 11,000 jobs, or about 13 percent of its workforce.

Online payment company Stripe and car-hailing app Lyft, also recently reported big layoffs. Twitter, freshly acquired by Elon Musk, earlier this month fired about half of its 7,500 employees.

AFP

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

Scores Of Bandits Neutralised, Camps Destroyed in NAF Airstrikes in Kaduna

Next Post

Legalise Presidential, Governorship Debates- CNPP Tells NASS

Related Posts

2023: US To Place Visa Sanction On Individuals Seeking To Sabotage Nigeria’s Democratic Process

Nigerians Burn N50.7b on US Visas Amid High Rejection

June 9, 2026
Lagos: No Solar Tax for Private Homes, Only Govt Estates

Lagos: No Solar Tax for Private Homes, Only Govt Estates

June 8, 2026
NUPRC On Rolls Out Action Plan For 2024

NUPRC, NNRA Harmonise Rules to Cut Oil Sector Costs

June 8, 2026
FCCPC Reacts To Complaints Of Inability To Purchase Electricity Units Under IKEDC

FCCPC Denies Tinubu Approved 9 New Airtime Operators

June 8, 2026
Next Post
Legalise Presidential, Governorship Debates- CNPP Tells NASS

Legalise Presidential, Governorship Debates- CNPP Tells NASS

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.