Amazon Begins Mass Layoffs Among Its Corporate Workforce

Amazon is laying off 10,000 workers, including those in Seattle and California, due to economic factors like rising interest rates and a shift back to pre-pandemic shopping habits. Notices have been sent to 260 employees, including software engineers and data scientists. Amazon's shares have dropped by 18% this year.

Which Amazon team is mentioned as being affected by the layoffs?

• Alexa Product Team

• AWS Cloud Services

• Amazon Fresh

• Amazon Prime Video

How many Amazon workers are expected to be laid off in the first round?

• 5,000

• 10,000

• 20,000

• 15,000

In which state were 260 Amazon workers notified of their layoffs?

• Washington

• Texas

• New York

• California

What are some reasons cited for Amazon's job cuts?

• Expansion into new markets

• Increased competition

• Rising interest rates and recession fears

• New product launches

By what percentage have Amazon's shares decreased this year?

• 30%

• 25%

• 18%

• 10%