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

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

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

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

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

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

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