Amazon to lay off staff in US, Canada and Costa Rica

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Amazon.com Inc was to cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff.

The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.

Also Read: Microsoft to lay off thousands of employees today: Report

The company is terminating 2,300 employees in Seattle and Bellevue, as per an update on the Worker Adjustment and Retraining Notification (WARN) site. The U.S. labor law requires companies planning a mass layoff to inform employees 60 days before closure.

18,000
No of employees Amazon plans to lay off

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