Amazon Begins Layoffs of Corporate Employees

In a dramatic turnaround from its constant expansion of the past decade, Amazon began laying off corporate employees Tuesday, becoming the latest of the tech giants to slash its workforce in an increasingly uncertain economic climate.

Amazon employees were called into meetings with their managers across the country Tuesday, and many were told they had two months to find another job internally or accept severance payment.

The e-commerce giant is expected to cut about 10,000 workers, or 3 percent of its corporate workforce. The company started communicating the layoffs to employees Tuesday afternoon, according to people familiar with the matter who spoke on the condition of anonymity to describe sensitive matters.

Read the source article at washingtonpost.com