Amazon joins a long list of tech giants that are laying off employees

The e-commerce platform is reportedly laying off 1% (10,000) of its workforce

Take a look at other companies that are laying of thousands of employees:

Meta - Facebook's parent company has laid off 13% (11,000) of its workforce

The social media behemoth saw a steep slide in digital ad revenue and profit

Twitter - The microblogging platform has cut 50% of its estimated headcount of 7,500

Under new chief Elon Musk, Twitter has also fired 4,400 contract workers

Disney - CEO Bob Chapek has said that company-wide cost cutting and layoffs are likely

Disney recently reported a $1.5 billion quarterly loss in its streaming business

Snap Inc. - The photosharing platform is firing around 1,200 employees

The company is dealing with its lowest period of sales growth