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Amazon Plans to Cut 10,000 Jobs in Largest-Ever Layoffs for E-Commerce Giant

  • Cuts could include about 10,000 employees, sources say
  • Devices group is targeting cuts after years of rapid growth
Bloomberg business news
Watch: Amazon plans to cut about 10,000 jobs.Source: Bloomberg
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Amazon.com Inc. plans to cut about 10,000 jobs, the largest ever headcount reduction at the e-commerce giant as it braces for slower growth and a possible recession. 

The layoffs, which could begin as soon as this week, will likely target Amazon’s devices group, responsible for the Echo smart speakers and Alexa digital assistant, as well as Amazon’s retail divisions and human resources, according to people familiar with the matter.