Amazon Layoffs: E-commerce giant to fire 10,000 employees

Amazon is planning to lay off thousands of employees and implement cost-cutting measures.

If the total number of layoffs stays around 10,000, it would be the biggest layoff in the history of Amazon.

It would represent less than 1 per cent of the workforce of a company that employs over 1.6 million globally.

The job cuts will target the devices group, including the one responsible for the Alexa voice assistant.

The world's largest online retailer has spent much of this year adjusting to a sharp slowdown in e-commerce growth.

Source: NDTV