Earlier this month, Amazon announced a broad hiring freeze among its white-collar workforce that would last at least "the next few months." Meta earlier cut 11,000 jobs, and Twitter laid off about 3,800 regular employees, apart from sacking thousands of contractual workers. Amazon employed more than 1.5 million workers (as of September).
Earlier this year, the e-commerce giant more than doubled the cash compensation cap for its tech employees, citing "a particularly competitive labour market", according to reports.