Amazon became the latest tech company to lay off employees last Wednesday, cutting about 260 staffers, mainly from its devices division. The e-commerce giant plans to reduce its headcount by 10,000 jobs through 2023.
Tech layoffs have been headline fixtures in recent months as companies contend with rising costs due to inflation and declining revenue as wary customers cut spending ahead of a recession. Those left shouldering the brunt of this economic storm are rank-and-file employees.
