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Amazon to layoff over 20,000 employees in the coming months

GLOBAL: Amazon is cutting back on its workforce. The retail and cloud computing giant is reported to lay off about 20,000 employees, including distribution center workers, technology staff and corporate executives

In mid-November, The New York Times reported that the company would enact mass layoffs. Citing sources, the publication said Amazon would cut up to 10,000 jobs.

Now, sources say company managers have been told they should identify work performance problems among employees in order for the termination process to go more smoothly and quickly.

In the wake of lay-off stories, Amazon's CEO Andy Jassy confirmed the news. However, he did not specify the number.

"Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments. Those decisions will be shared with impacted employees and organizations early in 2023," Jassy wrote in a public message to employees.

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