Amazon To Lay Off , 10,000 Employees.<br />'The New York Times' and 'The Wall Street Journal' report that a source claims that the retail behemoth will lay of thousands of workers starting this week.<br />Amazon has never made such a large cut to its staff.<br />The company's devices organization, human resources and retail division will mostly be impacted. .<br />The layoffs will account for less than 1% of Amazon's global staff and 3% of corporate employees.<br />The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. .<br />The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. .<br />The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. .<br />The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. .<br />The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. .<br />CNBC reports that Amazon CEO Andy Jassy has been trying to cut costs where he can as sales slow and the economy suffers.<br />Some of the measures the company has taken include shutting down its telehealth service, closing most of <br />its U.S. call centers and axing its delivery robot.<br />Some of the measures the company has taken include shutting down its telehealth service, closing most of <br />its U.S. call centers and axing its delivery robot.<br />Some of the measures the company has taken include shutting down its telehealth service, closing most of <br />its U.S. call centers and axing its delivery robot.<br />CNBC reports that Amazon shares were down 2.5% on Nov. 14. They're down 41% for the year.<br />According to CNBC, Amazon stock <br />"is on pace for its worst year since 2008."
