Amazon follows in Meta’s footsteps, begins mass layoffs: All you need to know

Tech giant Amazon has begun laying off employees in an effort to trim costs, increase operating margins and increase profits amid the tech winter and fears of an impending recession.

On Tuesday, the company notified the regional authorities in California that it would lay off about 260 workers at various facilities employing data scientists, software engineers, and corporate workers. The job cuts would be effective from January 17.