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Amazon To Cut 9,000 Jobs In Second Round Of Layoffs, Says Report
Amazon said it is laying off 9,000 more employees in the next few weeks, mostly in AWS, advertising and Twitch, according to media reports
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Amazon | layoff | BS Web Reports
Amazon.com Inc announced on Monday that it has decided to lay off an additional 9,000 employees, CNBC reported citing a memo sent to staff.
According to media reports, CEO Andy Jassy said in the memo that lay off will happen in the next few weeks, mostly in Amazon Web Services (AWS), advertising, Twitch and PXT (People Experience Technology). In the memo, Jassy said the second phase of the company's annual planning process completed this month and led to the additional job cuts, he added. He said Amazon will still hire in some strategic areas.
"Some may ask why we didn't announce these role reductions with the ones we announced a couple months ago. The short answer is that not all of the teams were done with their analyses in the late fall; and rather than rush through these assessments without the appropriate diligence, we chose to share these decisions as we've made them so people had the information as soon as possible", Jassy said.
This layoff is on top of the 18,000 role cuts announced in December and January.
Last week, Facebook-parent Meta Platforms said it would cut 10,000 jobs this year, following the first mass layoff in the fall, which eliminated more than 11,000 jobs.
(With inputs from agencies)
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First Published: Mon, March 20 2023. 20:28 IST
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