After Twitter and Meta, another tech giant, Amazon, has started laying off workers. The company is expected to lay off about 10,000 employees, which is about 3 percent of its total workforce.
According to a BBC report on Wednesday (November 16), Amazon employees announced their job losses on the social media platform LinkedIn.
Employees at Lab126, the company behind Amazon's Alexa virtual assistant, Luna cloud gaming platform, and Kindle e-reader, have announced they will be laid off.
Amazon had previously announced it would be hiring additional staff during the pandemic, halting new hiring. Some new projects have also been put on hold.
Last month, the company's chairman, Jeff Bezos, said that the US economy was sending warning signals to prepare for a crisis.
It is worth noting that Amazon's shares have fallen by more than 40 percent this year due to a decline in online shopping.
Tech companies are laying off thousands of workers amid fears of an economic downturn. Last week, Meta, the parent company of Facebook, Instagram and WhatsApp, announced it would lay off 13 percent of its workforce, leaving 11,000 employees without jobs.
Earlier, the company's new CEO, Elon Musk, laid off half of Twitter's employees.
