Amazon may layoff 10000 employees

Global retail and cloud giant Amazon is likely to layoff 10000 employees this week according to NYT. Meta recently laid off 11000 employees and Twitter fired almost 50% of its team.

Almost all of the tech companies who are laying off employees did massive hiring after the COVID-19 pandemic to cater to the record growth. The companies will also observe hiring freeze till Jan-Feb 2023. Let us know your thoughts on the recent layoffs in the industry.