By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Thursday, Jun 4, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Global Economy

Amazon to lay off 16,000 workers

Honesty Victor
Last updated: January 29, 2026 9:52 am
By Honesty Victor
Share
2 Min Read
#image_title
SHARE

Amazon is cutting as many as 16,000 jobs in the latest round of mass layoffs. Beth Galetti, senior vice president at the e-commerce company, made the announcement on Wednesday through a blog post.

The latest reductions follow a round of job cuts in October, when Amazon laid off 14,000 workers. She said US-based staff would be given 90 days to look for a new role internally. Those who are unsuccessful or don’t want a new job will be offered severance pay, outplacement services and health insurance benefits, she said.

“While we’re making these changes, we’ll also continue hiring and investing in strategic areas and functions that are critical to our future,” Galetti said.
The layoffs are Amazon’s biggest since 2023, when the company cut 27,000 jobs.

Amazon’s workforce doubled during the Covid-19 pandemic as millions stayed home and boosted online spending. But in the following years, big tech and retail companies cut thousands of jobs to bring spending back in line.

Hiring has stagnated in the US and in December the country added a meagre 50,000 jobs, nearly unchanged from a downwardly revised figure of 56,000 in November.

Why the US–Iran War Should Be a Blessing for Nigeria, Not a Curse
Iran Poised to Cripple Global Economy as Strait of Hormuz Crisis Deepens
Iran War: Petrol Hits N1,300 Signalling Tougher Economy For Nigerians
One Degree, Multiple Hustles: The New Economic Reality

Labour data points to a reluctance by businesses to add workers even as economic growth has picked up. Many companies hired aggressively after the pandemic and no longer need to fill more jobs. Others have held back due to widespread uncertainty caused by President Donald Trump’s shifting tariff policies, elevated inflation, and the spread of artificial intelligence, which could alter or even replace some jobs.

author avatar
Honesty Victor
See Full Bio
TAGGED:Amazon
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article  Court Jails two for N36.5m theft in Lagos
Next Article Police nab 6 suspects over N7.7bn telecom fraud
Search
– Advertisement –
Latest News
  • Sad: Man dies attempting to retrieve phone from abandoned well June 4, 2026
  • Tighten Security Around Aso Rock Ahead of Sowore-Led #OccupyAsoRock Protest June 4, 2026
  • Tinubu to Address National Assembly as FG Unveils Activities for 2026 Democracy Day Celebration June 4, 2026
  • Tinubu Approves New Federal Medical Center In Okigwe Imo State June 4, 2026
  • 42 Abducted Oyo Pupils, Teachers Rescued In Major Security Operation June 4, 2026
  • Right To Life In Nigeria II: The Kidnapping of Hope in Oyo and Borno June 4, 2026
  • Democracy Day: Tinubu to Address National Assembly, FG Announces Line-Up of Events June 4, 2026
  • Balami Moves Motion for Rescue of 42 Abducted Borno School Children June 3, 2026
  • ADA Challenges NDC Registration, Seeks Court Order Against INEC June 2, 2026
  • Tinubu: Fuel Subsidy Removal Prevented Nigeria’s Economic Collapse June 2, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Global Economy

IMF tips Nigeria to become Africa’s third-largest economy by 2026 with GDP of $334 billion

February 5, 2026
Global EconomyLatest News

EXCLUSIVE: Could Elon Musk Become First Trillion-Dollar Billionaire ?

January 2, 2026
Global Economy

U.S., Egypt, others move to resolve Sudan’s devastating war 

September 15, 2025
Global Economy

U.S. to reduce visa duration for students, journalists

August 28, 2025
EditorialGlobal Economy

Inside the Oval Office: The Reach of an American President’s Power

August 19, 2025
Global Economy

Canada moves to end strike as hundreds of flights grounded

August 17, 2025
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • The Love of God
  • World News
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?