Amazon is planning to lay off some 10,000 employees in corporate and technology jobs
The job cuts could start as early as this week, and will likely include staff working on Amazon (AMZN) devices (such as its voice-assistant Alexa), as well as people in its retail and human resources divisions, according to the report.
Amazon did not immediately respond to CNN Business’ request for comment Monday.
The Wall Street Journal also reported Monday that Amazon is set to lay off thousands of workers, citing a person familiar with the matter.
Earlier this month, Amazon said it was freezing corporate hiring “for the next few months,” citing economic uncertainty and “how many people we have hired” in recent years.
Amazon rapidly grew its headcount as the pandemic shifted consumer habits and spending towards e-commerce.
In its most-recent earnings report, however, Amazon forecast its revenue for the holiday quarter would be lighter than analysts had expected.
Last month, Amazon founder Jeff Bezos tweeted about the possibility of a looming recession, writing, “the probabilities in this economy tell you to batten down the hatches.”