NYT: Amazon to lay off 10,000 employees starting this week


Summary

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Full story

According to a New York Times report, Amazon plans to lay off 10,000 employees, or about 3% of its corporate staff. These layoffs would mark the largest job reduction in the company’s history and could start as soon as this week.

People spoke to the Times on condition of anonymity because they were not authorized to speak publicly. They told the paper that the cuts will focus on Amazon’s devices organization, including the voice assistant Alexa. The unit that houses Alexa had posted an operating loss of more than $5 billion per year.

Cuts will also be seen in the company’s retail division, as well as within human resources.

Amazon is the latest tech company to lay off workers. 

Last week, Elon Musk, Twitter’s new owner, cut the company’s staff in half. And Meta, the parent of Facebook, said it was laying off more than 11,000 people, or 13% of its workforce. 

Twitter and Meta executives blamed overzealous expansion.

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Why this story matters

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Community reaction

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The players

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History lesson

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Bias comparison

  • The Left ante ad nostra inceptos primis donec tempus bibendum nunc mi eleifend, nullam massa consequat egestas ultricies vivamus non nam hac tellus pellentesque, nisi urna laoreet neque adipiscing suspendisse praesent parturient rhoncus.
  • The Center felis eu etiam praesent mauris erat quisque fusce, orci cursus dapibus id sagittis curae.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

Media landscape

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Key points from the Left

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Key points from the Center

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Key points from the Right

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Timeline

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Summary

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Full story

According to a New York Times report, Amazon plans to lay off 10,000 employees, or about 3% of its corporate staff. These layoffs would mark the largest job reduction in the company’s history and could start as soon as this week.

People spoke to the Times on condition of anonymity because they were not authorized to speak publicly. They told the paper that the cuts will focus on Amazon’s devices organization, including the voice assistant Alexa. The unit that houses Alexa had posted an operating loss of more than $5 billion per year.

Cuts will also be seen in the company’s retail division, as well as within human resources.

Amazon is the latest tech company to lay off workers. 

Last week, Elon Musk, Twitter’s new owner, cut the company’s staff in half. And Meta, the parent of Facebook, said it was laying off more than 11,000 people, or 13% of its workforce. 

Twitter and Meta executives blamed overzealous expansion.

Tags: , , ,

Why this story matters

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Per amet

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Amet adipiscing

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Synthesized coverage insights across 60 media outlets

Community reaction

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Global impact

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Solution spotlight

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Bias comparison

  • The Left etiam maecenas tincidunt malesuada sociosqu hendrerit mollis id magnis senectus dui, porttitor ligula primis adipiscing venenatis cras leo dignissim aliquam luctus fermentum, quis hac vivamus diam netus parturient suspendisse laoreet ornare.
  • The Center volutpat commodo turpis suspendisse ipsum imperdiet dolor faucibus, metus nullam lectus finibus sed viverra.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

Media landscape

Click on bars to see headlines

113 total sources

Key points from the Left

  • Est platea augue turpis nisl nunc et blandit quisque nibh tortor mauris, diam tempus eu suscipit congue nulla porttitor bibendum vulputate malesuada arcu lacinia, velit mollis lobortis maecenas cursus elementum tristique inceptos aptent habitant.
  • Habitant neque luctus nulla lobortis elementum mauris, cras facilisi laoreet finibus ex justo egestas, class erat curae penatibus dolor.

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Key points from the Center

  • Sociosqu ad est imperdiet fames quis aliquet curae vestibulum aliquam nisl ornare dictumst inceptos donec natoque, platea proin nostra cubilia porta nisi feugiat tincidunt nunc porttitor conubia per etiam.
  • Rhoncus luctus inceptos per lobortis massa ex auctor ultricies viverra mauris habitant, hac libero facilisis feugiat imperdiet ullamcorper fusce sodales amet quisque.
  • Nisi curabitur quisque laoreet nam dapibus conubia est finibus netus mattis commodo accumsan dictumst, suscipit ex sociosqu cubilia taciti vivamus hendrerit ullamcorper maecenas lacus himenaeos magna.

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Key points from the Right

  • Hendrerit nisl adipiscing tempor nibh congue dui sed penatibus cursus feugiat mi ex pretium tellus sollicitudin, pulvinar velit tortor commodo elit justo venenatis ultricies vulputate fusce semper est faucibus platea.

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
    Lifestyle
    Jan 20

    Bob Dylan’s ‘Mr. Tambourine Man’ draft lyrics auctioned for $508,000

    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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