Thousands to be laid off at Amazon starting this week, will hit the region hard

Nov 14, 2022, 9:28 AM | Updated: 12:25 pm
(Photo by JOSEPH PREZIOSO/AFP via Getty Images)
(Photo by JOSEPH PREZIOSO/AFP via Getty Images)

Amazon plans to lay off approximately 10,000 people starting as early as this week, according to a report in The New York Times and CNBC.

The dismissals would be the largest job cuts in the company’s history. It’s the latest tech company to lay off workers.

“This could end up having a disproportionate impact on the Seattle region,” Todd Bishop of GeekWire told KIRO Newsradio. “Amazon employs about 75,000 people here and many of them are corporate and technology workers.”

Tech layoffs aren’t ‘going to get better quickly,’ analysts say

Twitter, Meta, Lyft, Stripe, and Snap are just some of the tech companies announcing layoffs in recent months.

According to the Times report, the cuts would be the largest in the company’s history.

“Amazon is going to be leaving this decision to individual division leaders,” Bishop explained. “Right now it looks like the biggest impact will be on the devices division, retails operations, and human resources.”

A representative from Amazon did not immediately respond to requests for comment. and its Twitter feed did not have any news of layoffs.

“In the grand scheme of things, 10,000 employees is not a large percentage of Amazon workers,” Bishop said. “But, in this region given the number of people who will get laid off, it’s a very big deal.”

The holiday shopping season is critical for Amazon. Usually, the company increases its workforce late in the year. Amazon CEO Andy Jassy is known to be in cost-cutting mode.

Amazon reported 798,000 employees at the end of 2019 but had 1.6 million full and part-time employees as of Dec. 31 2021, a 102% increase.

CNBC reports, “The company had already announced plans to freeze hiring for corporate roles in its retail business, and in recent months, Amazon has shut down its telehealth service, discontinued a quirky, video-calling projector for kids, closed all but one of its U.S. call centers, axed its roving delivery robot, shuttered underperforming brick-and-mortar chains, and is closing, canceling or delaying some new warehouse locations.”

In Amazon’s report of third-quarter earnings announced at the end of September, the company had an increase in net sales.

Net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in third quarter 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 19% compared with third quarter 2021. North America segment sales increased 20% year-over-year to $78.8 billion. International segment sales decreased 5% year-over-year to $27.7 billion, but increased 12% excluding changes in foreign exchange rates. AWS segment sales increased 27% year-over-year to $20.5 billion, or increased 28% excluding changes in foreign exchange rates. Operating income decreased to $2.5 billion in the third quarter, compared with $4.9 billion in third quarter 2021. North America segment operating loss was $0.4 billion, compared with operating income of $0.9 billion in third quarter 2021.

Mass tech layoff could spell disaster for Seattle

Local News

voter turnout...
Sam Campbell

Voter turnout dips in WA compared to previous midterm

The data shows 64% of eligible voters in Washington state chose to cast their ballots in the 2022 midterm -- less than the 72% voter turnout four years ago.
10 hours ago
mental health...
Bill Kaczaraba

Seattle students declare ‘victory’ in fight to fund mental health counselors

A group of Seattle students is celebrating "a victory" as $4 million in funds for mental health counselors nears final approval.
10 hours ago
L.B. Gilbert

Seattle Police hunt for suspect after 61-year-old stabbed in Pioneer Square

Seattle police are investigating after a 61-year-old was stabbed in Pioneer Square Saturday night.
10 hours ago
Ed Troyer Pierce County Sheriff...
L.B. Gilbert

Pierce County Sheriff trial to begin after illness delay

Jury selection begins in the trial against a Pierce County Sheriff, for reporting a Black man threatened to kill him, a claim considered false reporting
10 hours ago
Community supports Southcenter shooting victim (Photo from KIRO 7)...
KIRO 7 News Staff

Details emerge about man shot and killed in Southcenter parking garage

More details are emerging about a man who was shot and killed last week at Westfield Southcenter mall in Tukwila.
10 hours ago
Shoppers looking for bargains enter an OshKosh children clothing store, Monday, Nov. 21, 2022, in M...
Anne D'Innocenzio and Cora Lewis, Associated Press

Shoppers hunt for deals but inflation makes bargains elusive

Consumers holding out for big deals -- and some much-needed relief from soaring costs on just about everything -- may be disappointed as they head into the busiest shopping season of the year.
10 hours ago

Sponsored Articles


Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
Swedish Cyberknife 900x506...

June is Men’s Health Month: Here’s Why It’s Important To Speak About Your Health

According to the Centers for Disease Control and Prevention, men in the United States, on average, die five years earlier than women.
Thousands to be laid off at Amazon starting this week, will hit the region hard