Amazon Makes ‘Difficult Decision’ to Cull 18,000 Staff Amid 'Uncertain Economy'

The precarious economy that is predicted to face a protracted downturn in 2023 triggered a swathe of layoffs across the tech industry, with Twitter CEO Elon Musk halving his newly-acquired company's head count , Meta*, the parent company of Facebook and Instagram, announcing layoffs, as have tech firms such as Lyft, Stripe, Snap and others.