Amazon will lay off more than 18,000 workers

As of last year, when the IT sector started actively shrinking,

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Amazon will lay off more than 18,000 workers

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18,000, the tech giant announced on Wednesday.

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Amazon CEO Andy Jassy explained in a blog post that the company's recent rapid recruiting

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the uncertain economic climate were the causes of the workforce reductions.

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Hourly warehouse workers will not be impacted by the layoffs, which will predominantly affect the company's corporate workforce.

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According to reports, Amazon had planned to fire about 10,000 workers in November

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but on Wednesday, Jassy estimated that the business would be firing "slightly over 18,000" workers instead.

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