{"id":219846,"date":"2022-11-16T07:20:50","date_gmt":"2022-11-16T07:20:50","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=219846"},"modified":"2022-11-16T18:20:41","modified_gmt":"2022-11-16T18:20:41","slug":"amazon-preparing-to-cut-thousands-of-jobs","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/","title":{"rendered":"Amazon preparing to cut thousands of jobs"},"content":{"rendered":"

Amazon<\/a><\/span> is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US.<\/strong><\/p>\n

The tech giant is said to be considering cutting around 3% of its office staff, which would mean around 10,000 people could be affected.<\/p>\n

The reports come in the wake of substantial job cuts across the tech sector \u2013 Elon Musk cut around half of Twitter\u2019s 7,500 global workforce after completing his takeover of the company, while Facebook owner Meta has also confirmed it is cutting around 11,000 jobs globally.<\/p>\n

Amazon\u2019s reported reductions are said to be a response to a slowing global economy, which is hitting the firm\u2019s sales which had grown substantially during the pandemic.<\/p>\n

The tech sector, in general, has been hit hard by the economic slowdown after companies saw huge growth during the pandemic as remote working increased. Amazon was among a number of firms to increase hiring to meet rising demand but is now being forced to consider cost-cutting as online sales slow post-pandemic.<\/p>\n

Amazon founder Jeff Bezos, who has stepped down as CEO but remains Chairman of the board, said on Twitter last month that the current economic climate meant it was time to \u201cbatten down the hatches\u201d.<\/p>\n

Bezos this week pledged to give away most of his estimated \u00a3104 billion fortune during his lifetime, telling CNN there were \u201cbig problems\u201d in the world and the way to solve them was to \u201cwork together\u201d.<\/p>\n

Earlier this week, Amazon introduced a new virtual try-on tool across its European markets for thousands of footwear styles.<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

[…]<\/p>\n","protected":false},"author":68,"featured_media":211720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10585,6],"tags":[9783,11222,10990],"acf":[],"yoast_head":"\nAmazon preparing to cut thousands of jobs - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US. The tech giant is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon preparing to cut thousands of jobs - TheIndustry.fashion\" \/>\n<meta property=\"og:description\" content=\"Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US. The tech giant is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/\" \/>\n<meta property=\"og:site_name\" content=\"TheIndustry.fashion\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theindustryfashion\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-16T07:20:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-16T18:20:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/07\/amazon28e.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"TheIndustry.fashion\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:site\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TheIndustry.fashion\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/\"},\"author\":{\"name\":\"TheIndustry.fashion\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/1e694ebd9d1ca2c1b0b08c13d8160c35\"},\"headline\":\"Amazon preparing to cut thousands of jobs\",\"datePublished\":\"2022-11-16T07:20:50+00:00\",\"dateModified\":\"2022-11-16T18:20:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/\"},\"wordCount\":267,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"keywords\":[\"Amazon\",\"Finance\",\"Jobs\"],\"articleSection\":{\"0\":\"Finance\",\"2\":\"News & Insight\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/\",\"url\":\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/\",\"name\":\"Amazon preparing to cut thousands of jobs - TheIndustry.fashion\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#website\"},\"datePublished\":\"2022-11-16T07:20:50+00:00\",\"dateModified\":\"2022-11-16T18:20:41+00:00\",\"description\":\"Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US. The tech giant is\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theindustry.fashion\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Amazon preparing to cut thousands of jobs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theindustry.fashion\/#website\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"name\":\"TheIndustry.fashion\",\"description\":\"Fashion news, insights, podcasts and events for professionals from across the fashion sector.\",\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theindustry.fashion\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\",\"name\":\"TheIndustry.fashion\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"contentUrl\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"width\":585,\"height\":217,\"caption\":\"TheIndustry.fashion\"},\"image\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/theindustryfashion\/\",\"https:\/\/twitter.com\/theindustryfash\",\"https:\/\/www.instagram.com\/theindustryfashion\/\",\"https:\/\/www.linkedin.com\/company\/10970016\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/1e694ebd9d1ca2c1b0b08c13d8160c35\",\"name\":\"TheIndustry.fashion\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4a921d975273dd89abbaa67292bf147?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4a921d975273dd89abbaa67292bf147?s=96&d=mm&r=g\",\"caption\":\"TheIndustry.fashion\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Amazon preparing to cut thousands of jobs - TheIndustry.fashion","description":"Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US. The tech giant is","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/","og_locale":"en_GB","og_type":"article","og_title":"Amazon preparing to cut thousands of jobs - TheIndustry.fashion","og_description":"Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US. The tech giant is","og_url":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/","og_site_name":"TheIndustry.fashion","article_publisher":"https:\/\/www.facebook.com\/theindustryfashion\/","article_published_time":"2022-11-16T07:20:50+00:00","article_modified_time":"2022-11-16T18:20:41+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/07\/amazon28e.jpg","type":"image\/jpeg"}],"author":"TheIndustry.fashion","twitter_card":"summary_large_image","twitter_creator":"@theindustryfash","twitter_site":"@theindustryfash","twitter_misc":{"Written by":"TheIndustry.fashion","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#article","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/"},"author":{"name":"TheIndustry.fashion","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/1e694ebd9d1ca2c1b0b08c13d8160c35"},"headline":"Amazon preparing to cut thousands of jobs","datePublished":"2022-11-16T07:20:50+00:00","dateModified":"2022-11-16T18:20:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/"},"wordCount":267,"commentCount":0,"publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"keywords":["Amazon","Finance","Jobs"],"articleSection":{"0":"Finance","2":"News & Insight"},"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/www.theindustry.fashion\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/","url":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/","name":"Amazon preparing to cut thousands of jobs - TheIndustry.fashion","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/#website"},"datePublished":"2022-11-16T07:20:50+00:00","dateModified":"2022-11-16T18:20:41+00:00","description":"Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US. The tech giant is","breadcrumb":{"@id":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.theindustry.fashion\/amazon-preparing-to-cut-thousands-of-jobs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.theindustry.fashion\/"},{"@type":"ListItem","position":2,"name":"Amazon preparing to cut thousands of jobs"}]},{"@type":"WebSite","@id":"https:\/\/www.theindustry.fashion\/#website","url":"https:\/\/www.theindustry.fashion\/","name":"TheIndustry.fashion","description":"Fashion news, insights, podcasts and events for professionals from across the fashion sector.","publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.theindustry.fashion\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.theindustry.fashion\/#organization","name":"TheIndustry.fashion","url":"https:\/\/www.theindustry.fashion\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/","url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","contentUrl":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","width":585,"height":217,"caption":"TheIndustry.fashion"},"image":{"@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/theindustryfashion\/","https:\/\/twitter.com\/theindustryfash","https:\/\/www.instagram.com\/theindustryfashion\/","https:\/\/www.linkedin.com\/company\/10970016\/"]},{"@type":"Person","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/1e694ebd9d1ca2c1b0b08c13d8160c35","name":"TheIndustry.fashion","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4a921d975273dd89abbaa67292bf147?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4a921d975273dd89abbaa67292bf147?s=96&d=mm&r=g","caption":"TheIndustry.fashion"}}]}},"_links":{"self":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/219846"}],"collection":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/comments?post=219846"}],"version-history":[{"count":3,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/219846\/revisions"}],"predecessor-version":[{"id":219849,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/219846\/revisions\/219849"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media\/211720"}],"wp:attachment":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media?parent=219846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/categories?post=219846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/tags?post=219846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}