Amazon’s 18,000 layoffs set the tone for what hiring and firing will look like in 2023

Job cuts at Amazon are a sign of tough times to come for tech workers.

The e-commerce behemoth had first announced plans to pare back its workforce in November, citing rapid over-hiring during the pandemic and growing economic uncertainty. In a note published on Amazon’s website today (Jan. 5), CEO Andy Jassy revealed the extent of those cuts: 18,000 roles. That’s far more than the nearly 10,000 jobs, or 3% of its office workforce, Amazon had anticipated eliminating.

Read Ananya Bhattacharya’s article on what hiring and firing will look like in 2023

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How Layoffs Affect Companies and Employees: the Good, the Bad, and the Ugly