Amazon Layoff Latest Update: Cloud tech company Oracle has laid off a large number of employees globally. Many employees said on social media that they were informed about their termination through email early in the morning. According to reports, Oracle may lay off about 20,000 to 30,000 employees, which is about 18 percent of its total workforce.

Mass layoffs at Walt Disney

After Oracle, there is going to be a big layoff in the entertainment sector giant Walt Disney. These layoffs may happen in the coming weeks. The company is planning to lay off 1,000 employees. According to a report, these layoffs are likely to have the biggest impact on the marketing division of the company.

GoPro will also cut workforce

Apart from this, action camera manufacturing company GoPro is also going to drastically cut the number of its employees. The company said in a filing that it is going to lay off about a quarter of its employees as part of an internal restructuring, which is expected to cost the company crores. American action camera maker GoPro has announced that it will be cutting a significant portion of its workforce in an effort to save costs and return to profit.

Amazon lays off 14,000 employees

world giants tech company amazon Once again the news of large-scale layoffs has created a stir. Reports going viral on social media and job platforms claimed that the company may soon lay off 14,000 employees. However, now the company’s official statement on this news has come out.

A report quickly went viral on Wednesday, which said that after laying off 16,000 employees in January, the company is now preparing for another big layoff. This information first surfaced on job forum Blind, where an alleged insider claimed that restructuring is being done on a large scale in the company.

The company had to give clarification

Responding to these reports, Amazon clearly said that these reports are completely wrong. The company said that these claims are not true and have no basis. That is, at present there is no confirmation of layoff of 14,000 employees.