Amazon Fires 9,000 Employees
Following a trend in the tech industry, Amazon has fired an additional 9,000 employees today, according to Bloomberg. Moreover, the news comes after Facebook-parent company, Meta, laid off 10,000 employees in a second round of job cuts, after already firing 11,000 months prior. Amazon has joined a long list of companies in the tech sector that have executed abundant firings. From Twitter to Meta, the online leader in consumer goods sales has followed a trend likely connected to the uncertainty in the country’s economic status. JUST IN: Amazon $AMZN fires 9,000 employees. — Watcher.Guru (@WatcherGuru) March 20, 2023 Amazon Follows Job-Cutting Trend The year has been a horrendous one for those in the finance sector. Moreover, as 2022 saw the Federal Reserve execute a year of interest rate hikes to combat inflation, and the banking sector on the edge of crisis the last few weeks, the tech industry has continued its relentless job cuts. Now, Amazon has fired 9...