Factcheck this

Amazon laying people off

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in General Factchecking by Novice (780 points)
I saw that amazon might be laying a lot of people off. I just find this hard to believe since it is a huge company and the holidays.
https://www.nytimes.com/2022/11/14/technology/amazon-layoffs.html

3 Answers

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by Novice (860 points)
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I find this answer to be true as NY times and the above response of CNBC are both reliable sources. The CEO himself, Andy Jassy, also claimed that layoffs of Amazon would continue into the next year according to The Business Journals, and Business Insider.

https://www.bizjournals.com/seattle/news/2022/11/17/amazon-layoffs-andy-jassy.html

https://www.businessinsider.com/amazon-layoffs-meltdown-inside-week-turmoil-thousands-lost-their-jobs-2022-11
by Innovator (51.8k points)
0 0
Good explanation. I like that you used more than one source for your evidence. Digging deeper and finding additional sources make for stronger fact-checks.
by Newbie (300 points)
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I do see all of these trustworthy resources saying the same thing. however in the initial claim it said "during the holiday". But in these articles it is talking about the corporate side of amazon, and not the delivery side of things. so I think in this factcheck you should have talked about that a bit more. But overall you did a great job at clearing things up in neat way.
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by Novice (570 points)

Yes, Amazon is expected to lay off around 10,000 people. Even though Amazon is a giant company, the worsening economy has forced the company to make some cuts. These layoffs are expected to continue going into the new year. 

https://www.cnbc.com/2022/11/17/amazon-ceo-andy-jassy-says-layoffs-will-continue-into-next-year.html

by Innovator (51.8k points)
0 0
This is a strong answer to the claim. Don't forget to provide a rating, such as:

True
False
Exaggerated
Opinion (opinions can't be factchecked)
Misinformation
Likely misinformation
Likely not misinformation
Not misinformation
1 like 0 dislike
by Newbie (320 points)
I found this article that explains that the amazon stock is getting lower, and that the people are actually getting laid off. The CEO of amazon admitted to it, and said there will be more people laid off in the future.

This claim is true

https://www.nytimes.com/2022/11/14/technology/amazon-layoffs.html

https://www.axios.com/2022/11/18/amazon-layoffs-2023-jassy
by Innovator (51.8k points)
0 0
Nice work finding two sources to support your rating. Also, good explanation and details on the layoffs at Amazon.

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