Amazon, which is one of the private companies with the largest number of employees (1.6 million people), saw its growth stunted in 2022.
According to the international media, Amazon decided to cut 100,000 jobs around the world, A decision that is unprecedented in its history and can be understood as a readiness to stagnate.
Namely, the company recently reported its registration Net loss of $2 billion between January and June 2022.
Thus, the e-commerce giant in turn announced that it is trying to reduce some of the huge costs of the massive expansion that occurred during the COVID-19 pandemic. Specifically, one of these “excesses” will be the massive recruitment of workers.
For his part, Amazon Chief Financial Officer Brian Olsavsky told international media that the company is slowing down its expansion plans for this year and next. In order to better adapt to customer demand.