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Wales Online
Wales Online
World
Kirstie McCrum

Amazon boss to give away $124bn fortune as 10,000 job losses are rumoured

Amazon is getting set to make cuts of 10,000 jobs, it is being reported. The news came as boss Jeff Bezos revealed his intention to give away his $124bn (£107bn) fortune in his lifetime.

The reported losses were first mentioned by the New York Times, citing sources with inside knowledge. They added that the roles under review are reportedly in the devices unit, home of Alexa, as well as retail division and human resources.

The reported losses would represent about 3% of its corporate staff, the Times reported. Amazon follows Meta, Twitter and Microsoft Corp in announcing swingeing job cuts as the economic downturn hits.

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