Amazon is the newest company to join the layoff. 10000 workers will be laid off

Amazon appears to be the latest internet firm to lay off staff members in divisions that have not generated a profit this year, following Twitter and Meta.

To reduce costs, Amazon.com Inc. is reviewing its unproductive divisions, including the devices division that houses voice assistant Alexa.

Following a months-long review, Amazon has instructed some employees in underperforming units to look for work elsewhere within the organisation. The company is also moving to redeploy employees from some teams to more lucrative divisions and closing teams in sectors like robotics and retail, according to the WSJ.