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While multinational Amazon intends to lay off more than 10 employees, the billionaire owner of the company will make a historic donation of more than 124 BILLION DOLLARS of his fortune to charity

Written by Roberta Souza
Published 18/11/2022 às 08:00
Amazon, multinational, donation
Photo: Reproduction cnnbrasil.com.br

Amazon founder Jeff Bezos decides to donate $124 billion over his lifetime

The founder of the multinational company Amazon, Jeff Bezos, said in an interview with CNN that he plans to give away a large part of his fortune. The billionaire is the second richest person in the world according to Forbes, and intends to make a total donation of 124 million dollars during his lifetime to leverage charitable campaigns.

According to the matter of Digital Look, when businessman Jeff Bezos decided not to sign the Giving Pledge, he was widely criticized by the public. This campaign is an alliance between very rich people from all over the world, who pledge to donate part of their wealth to charity.

The billionaire's biggest donation to date would be the promise made in 2020 to send 10 billion dollars to the Bezos Earth Fund, according to the New York Times. The green campaign would use this investment to address issues such as climate change, which are a consequence of global warming caused by air pollution.

The multinational company Amazon intends to lay off 10 employees in the coming days

While its founder announced that he will donate 124 billion reais to charity, Amazon confessed that it will lay off 10 employees starting this week, according to the New York Times. This will be the biggest employee layoff in the company's history.

According to CNBC, Amazon stock was down 2,3% at noon on Monday. The drop was 41% in the year and the company is in its worst phase since 2008, when it comes to the shares. Therefore, this gradual financial crisis is believed to be the main reason for the multinational technology trade giant to make these job cuts.

Which sector will be most affected by the large layoff of Amazon employees, the multinational created by Jeff Bezos?

According to information from the New York Times, the cuts should reach the divisions of devices with Alexa technology, human resources and sales. Despite being a large number, which left the public amazed, these 10 million employees who will be laid off represent only 1% of the company's global workforce.

Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

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