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Report: Amazon to deliver pink slips to nearly 10,000 employees before Christmas

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Photo by Alex Wong/Getty Images

Amazon founder Jeff Bezos told CNN this week that he intends to give away the bulk of his $124 billion net worth during his lifetime. While the billionaire prepares to give away a portion of his fortune, his company is preparing to give out pink slips to approximately 10,000 employees.

Clear-cutting at Amazon

Anonymous sources told the New York Times that Amazon will begin firing around 10,000 people in corporate and technology jobs starting this week. This would constitute the biggest single round of layoffs in the company's history and account for nearly 3% of its corporate employees and just under 1% of its 1.5 million-strong global workforce.

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