Amazon is planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, the New York Times reported on Monday, citing people with knowledge of the matter.
The job cuts will focus on the e-commerce giant's devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources, according to the report, which also said the total number of layoffs remains fluid.
The company did not immediately respond to a Reuters request for comment. It is not yet clear if any of Amazon's Ireland-based staff will be affected.
As of December 31st last year, Amazon had more than 1.6 million full-time and part-time employees and had recently said it would freeze hiring to corporate workforce for the next few months.
The news comes just weeks after Amazon warned of a slowdown in growth for the busy holiday season when it generates the highest sales, saying consumers and businesses had less money to spend due to rising prices.
Amazon is the latest US company to make deep cuts to its employee base to brace for a potential economic downturn.
Last week, Facebook-parent Meta said it would cut more than 11,000 jobs, or 13 per cent of its workforce, to rein in costs. Others include Elon Musk-owned Twitter, Microsoft and Snap.
Shares of Amazon, which have lost about 40 per cent of their value so far this year amid a broader tech selloff, briefly pared losses and were last trading down 2.4 per cent at $98.38.
