Amazon to Lay-Off 20,000 Employees including Top Management | Know more

Amazon may lay off 20,000 workers, including top executives.

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20,000 Amazon employees are expected to be laid off across multiple locations and departments.

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The layoffs would be the most significant in the company's history.

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Employees at all levels, including distribution centre workers, technology personnel, and corporate executives, will be let go.

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The reason for this is that the retail and cloud computing behemoth retrenchments after a hiring binge during the pandemic.

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Employees at Amazon are classified into seven levels, from 1 to 7, and employees at all levels are likely to be affected.

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Currently, company executives are identifying work performance issues among employees as part of an effort to lay off approximately 20K people.

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20k employees, or 6% of Amazon's corporate staff, have been informed that they will be given a 24-hour notice and severance pay in accordance with their company contracts.

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"As the news has spread, there is a sense of fear among the company's employees."

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The cuts are being made across the board, with no mention of a specific department or location.

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The layoffs would be the most significant in the company's history.

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