Amazon denies layoffs, says it's just a change in hiring plans

Amazon has denied reports of mass layoffs , saying it had simply adjusted its future hiring plans.

However, the e-commerce giant's financial report showed that its headcount decreased by 100,000, but did not mention that employees were laid off.

Many employees did not return to their jobs after being away for a long time , and the company said the reduction in the number of employees was just normal natural attrition.

During the earnings call, Amazon Chief Financial Officer Brian Olsavsky said the company had cut nearly 27,000 jobs.

He said: "In the first quarter of this year, we expanded our recruitment by 14,000 people to cope with the surge in online shopping demand caused by the Omicron variant. However, as the threat of the variant gradually decreased, online demand also declined, so our number of employees became seriously redundant. By adjusting recruitment plans and natural attrition, we have controlled the number of employees to a healthy level around the end of April and the beginning of May."

Previously, Amazon had announced that it had suspended plans to build a new office building in Bellevue, a suburb east of Seattle, and had begun renting out warehouse space in New York, New Jersey and California.

In addition, several technology giants have also taken action:

Apple Inc plans to slow hiring and spending in some divisions next year as it prepares for a potential economic recession.

Microsoft told employees in May that it was slowing hiring in its Windows, Office and Teams divisions in response to economic volatility.

Streaming giant Netflix has had several rounds of layoffs since it reported a loss of 200,000 subscribers in the first quarter. In April, the company began scaling back some marketing activities and laid off 150 people in May and 300 people in June. Last quarter, it reported $70 million in severance charges and lost an additional 970,000 subscribers .

It can be seen that even the major giants are not immune to the current economic environment. Cross-border sellers also need to appropriately adjust their strategic layout, take steady steps, and avoid overly aggressive business expansion or contraction.

Amazon

Layoffs

US Economy