Amazon begins latest wave of massive job cuts, Canada impacted

Amazon has begun the latest wave of job cuts in Canada, the U.S. and Costa Rica as part of its global plan to eliminate 18,000 positions.

Employees were sent emails about layoffs on Wednesday from the e-commerce giant’s worldwide retail chief Doug Herrington, the Star confirmed. “Between the reductions we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles,” said Amazon CEO Andy Jassy“Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organizations,” Jassy said.Several Amazon employees across the country posted on LinkedIn that they had lost their jobs Wednesday following news of layoffs and let prospective employers know they were looking for work.

“I'm impacted by the layoff this morning at Amazon,” said Toronto-based Sijie Jin in a LinkedIn post on Wednesday. “I’m open to new opportunities and looking for a software engineer role in Canada.”from historic highs during the pandemic when a massive number of the population lived online. Soaring inflation and global interest rates have also led to investor hesitation and the drying up of once free-flowing venture capital money.

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