• Mass dismissal in Meta The company announces a 13% reduction in the workforce, more than 11,000 employees

  • Economy Billionaire Jeff Bezos announces that he will donate most of his fortune

The technology giant

Amazon

- where around 1.5 million people work and one of the largest employers in the United States - plans

to lay off approximately 10,000 workers

starting this week, according to 'The New York Times'.

This news has been released on the same day that billionaire Jeff Bezos announces that he will donate most of his fortune.

This would be the

largest cut in company history

and would represent about 3% of Amazon's corporate employees and less than 1% of its global workforce of more than 1.5 million.

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Analysis.

Mass layoffs: Is the tech crisis the end of a dot-com bubble in 2000?

  • Writing: MASSIMO GAGGI (IL CORRIERE DELLA SERA)

Mass layoffs: Is the tech crisis the end of a dot-com bubble in 2000?

The cuts will focus on Amazon's device organization, including the Alexa voice assistant, as well as its retail division and human resources, noted the sources, who spoke to the outlet on condition of anonymity.

Amazon said two weeks ago that it

had decided to pause corporate hiring

because the economy was "in an uncertain place."

"We will maintain this pause for the next few months and continue to monitor what we are seeing in the economy and in the business to make the necessary adjustments," Beth Galetti, vice president of the People and Technology Experience section, said in a statement.

It is noteworthy that this potential cut comes

so close to the holiday shopping season,

when the online shopping giant generally values ​​stability.

If the layoffs happen, Amazon would be the latest company to join the long list of technology companies that opted for massive layoffs.

This month, Meta -the parent company of Facebook, Instagram, WhatsApp and Messenger- announced that it will lay off 11,000 workers, 13% of its workforce;

Elon Musk, the world's richest man and the new owner of Twitter, has laid off half of his staff of some 7,500 people worldwide.

While ride-sharing company Lyft said it would cut 13% of its employees and Stripe, a payment processing platform, said it would cut 14% of its employees, roughly 1,100 jobs.

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