NEW YORK (AP) — Amazon has begun mass layoffs across its corporate ranks, becoming the latest tech company to shed its workforce amid mounting concerns about the broader economic environment.
On Tuesday, the company told regional authorities in California that it was laying off about 260 employees at various facilities that employ data scientists, software engineers and other company employees. These job cuts would take effect from January 17.
Amazon would not specify how many more layoffs might be in the works, aside from those confirmed by California’s Worker Adjustment and Retraining Notification Act, also known as WARN, which requires the company to give a 60-day notice period if they Have 75 or more full-time employees or part-time employees. Amazon employs more than 1.5 million workers worldwide, mostly made up of hourly workers.
The online retail giant, like other tech and social media giants, has posted sizable gains during the COVID-19 pandemic as shoppers bought more items at home…