2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They are not doing a good job
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They hired many people during the Pandemic and don’t need them anymore
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They have improved technology and need fewer employees
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They are not making a profit anymore
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Detailed explanation-1: -In a recent post on the company’s website CEO Andy Jassy revealed that the organisation “over-hired” during the pandemic and is therefore letting go of thousands of employees to cut down costs. “We plan to eliminate just over 18, 000 roles.
Detailed explanation-2: -Amazon’s workforce reduction – the largest in its history – will begin Wednesday. Earlier this month, Amazon CEO Andy Jassy told employees in a blog post that the company was laying off about 18, 000 people as it seeks to cut costs and would begin contacting impacted employees on Jan. 18.
Detailed explanation-3: -The move comes as the company reportedly lost $1trillion over the year after its stock plummeted from a high during the pandemic. The move comes after the company put a hiring freeze in place, affecting major teams including Prime Video, Alexa and Amazon Fresh.
Detailed explanation-4: -They’re not in heavy people expansion mode every year, ” he said. Jassy had said in November that job cuts at the e-commerce giant would continue into early 2023. Multiple outlets reported in the fall that Amazon had planned to cut around 10, 000 employees.
Detailed explanation-5: -Amazon was cited by the Department of Labor at three of its warehouses. Federal officials found Amazon workers at the facilities were exposed to “ergonomic hazards” such as lower back injuries. Amazon faces ongoing federal probes into its workplace safety record.