Lay-offs Eventually Reach Amazon

Last month, Amazon announced  it’s hiring 150,000 people for the holiday season – mostly hourly delivery/warehouse workers as opposed to corporate employees who will be affected by the latest layoffs.

While many companies were forced to cut jobs in face of the Covid-19 pandemic, Amazon went the opposite direction.

In 2020 alone, it created 500,000 new jobs, adding another 300,000 to its global workforce in 2021.

As the economic outlook soured and cost pressures began to mount in 2022, the company’s decade-long hiring spree came to an abrupt end, however.

With hiring freezes and layoffs spreading like wildfire in the wider tech industry, Amazon already reduced its global workforce in the first six months of the year.

At the end of June, Amazon’s global workforce, including part-time employees but not including contractors and temps was 1.52 million strong, 85,000 shy of the total at the end of 2021.

By the end of September, that number had climbed back to 1.54 million and it will probably continue to climb through the rest of year as holiday season hires will outnumber layoffs by a significant margin.

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