Amazon Has just Started what could be The Largest Corporate Job Cuts In History

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On Tuesday, Amazon started what is expected to be the most significant round of corporate job cuts in its history, according to current employees who have been affected. 

The company aims to lay off about 10,000 employees in its retail, devices, and HR divisions, the New York Times previously reported.

Employees targeted for layoffs received cryptic invitations to “mandatory” Tuesday meetings with teammates, leaders, and human resources personnel, according to one such invitation seen by Insider. During the meeting, employees were informed that they would have 60 days to find a new job internally. If they did not find a new job after that time, they can take severance. It was not immediately clear how much severance Amazon is offering.

It’s also not clear how easily impacted employees will be able to find a new job internally. Amazon recently announced a companywide hiring freeze that also applies to internal transfers.