Employers are furloughed, and this company's workers will face a major setback this Diwali!

Amazon layoffs: Amazon, one of the world's largest e-commerce and cloud computing companies, is preparing to implement layoffs again. This time, staff will be laid off at the HR level. According to media reports, Amazon is planning to cut its human resources department by up to 15%.

Amazon's human resources department employs over 10,000 employees worldwide. Layoffs are also expected in several other departments. However, the biggest impact is likely to be on the human resources team, known as the People Experience and Technology (PXT). This is not yet clear.

People are being laid off from every department.

This news of layoffs comes shortly after Amazon announced that it would hire 250,000 employees in its US fulfillment and transportation network for the upcoming festive season. Like many major companies worldwide, Amazon is currently undergoing a phase of layoffs. According to a Bloomberg report, approximately 110 people were recently laid off in Amazon's Wondery podcast division. The company cited a large-scale restructuring. Even the CEO of Wondery has resigned.

Amazon's $100 billion investment

As the scope of artificial intelligence (AI) expands, companies are reducing their workforces. Amazon is no exception. The company is investing heavily in AI to meet its growing use. The company plans to spend approximately $100 billion this year building cloud and data centers. This period of change is leading to a rapid increase in job losses. The largest number of layoffs occurred between late 2022 and 2023, with approximately 27,000 people losing their jobs.