Amazon to Cut Thousands More Jobs Due to ‘Uncertain’ Economy (CNET)

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    Amazon to Cut Thousands More Jobs Due to ‘Uncertain’ Economy – By Carrie Mihalcik (CNET) / Mar 20 2023

    The online retail giant will lay off 9,000 more employees.

    Amazon will cut 9,000 additional jobs in the next few weeks as part of an effort to streamline costs, Amazon CEO Andy Jassy said in a memo to employees on Monday.

    This comes on top of more than 18,000 jobs Amazon said it would cut as part of a workforce reduction that began in November.

    “Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” Jassy said.

    The tech industry has shed more than 100,000 jobs in recent months as companies including Google, Microsoft and Facebook have all announced massive cuts.

    Amazon’s latest round of cuts will mostly affect the company’s cloud computing unit AWS and its PXT group, which handles human resources and other responsibilities. Game streaming service Twitch will also see cuts, as well as Amazon’s advertising business, Jassy said.

    CONTINUE > https://www.cnet.com/news/amazon-to-cut-thousands-more-jobs-due-to-uncertain-economy/

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