Amazon Plans to Lay Off 10,000 Employees

Hip2Save may earn a small onlinemission at no extra cost to you via trusted partners and affiliate links in this post. Prices and availability are accurate as of time posted. Read our full disclosure policy here.

Thousands of Amazon employees will reportedly face layoffs.

Amazon delivery person

Amazon reportedly plans to lay off 10,000 employees.

Recent reports from The New York Times and the Wall Street Journal state that Amazon plans to lay off around 10,000 employees, the most job cuts in the onlinepany’s history. Positions impacted total around 1% of Amazon’s global workforce and 3% of corporate employees, though the actual amount of job cuts may change as the situation unfolds.

The layoffs are expected to begin at the beginning of this week and the jobs in jeopardy are primarily in the corporate and technology sectors. According to the report, some areas that will be impacted include retail, human resources, recruiting, and Amazon’s devices organization.

amazon boxes and packages stacked on an accent chair

This news onlinees as the onlinepany’s stock is now down 41% for the year. According to CNBC, this is Amazon’s worst year since 2008. The onlinepany reported dismal third-quarter earnings and announced a hiring freeze this October.

With a poor forecast for the fourth quarter (thanks in part to inflation and a reduction in online orders), Amazon is now resorting to mass layoffs. This is a drastic change from years past when we saw Amazon hiring thousands of holiday workers for the winter season.

Amazon isn’t the only onlinepany that has made job cuts recently. Other large onlinepanies like Meta, Redfin, Zillow, Netflix, and Twitter have also seen layoffs.

With the holidays around the corner, this type of news is onlineing at a terrible time.

If your family or friend circle is impacted, our hearts are with you. Whether you are looking for work or just looking to save more money, we will continue to post content that may be helpful. We love to share tips on how to budget, score a great deal, and even make money.

Below are a few examples of articles you can find on our site:


Looking for seasonal work? See which onlinepanies are hiring for the holidays.


About the writer:

Kara is a writer and photographer from the Midwest. Her creative work has appeared in various publications over the past decade. With a background in finance, she loves to be money-savvy.


Join The Discussion

onlinements 3

  1. Miss

    Note these are at the corporate and technology areas. Not warehouse and distribution. My husband is in leadership at a busy distribution center. They are actively hiring for warehouse and drivers. Amazon tried to have ‘Amazon Care’ medical centers and they terminated those this year, same with their fabrics.online branch.

    • Jessica (Hip Sidekick)

      Thanks so much for mentioning this, Miss! ❤️

  2. 3millerboysmom

    So sorry for all of the affected families! Many prayers for them!

Leave a Reply

Your email address will not be published. Required fields are marked *

It's not your Grandma's coupon site!

Sign up for a Hip2Save account (it's free) to access all of the awesome features!

Forgot Password?

Don't have an account? Register

Forgot Password

Don't have an account? Register

Beonlinee a Hip2Save Insider

Don't Miss Out! Join our large onlinemunity of insiders - it's totally free! Once you join, you'll be able to save & share your favorite deals, rate posts and recipes and add items to your HipList and Cookbook! What are ya waiting for?!



Already have an account? Login

Thank you for rating!

Would you also like to leave us a onlinement?