According to a statement sent to employees on Monday by CEO Andy Jassy, Amazon is eliminating 9,000 additional jobs.
The most recent layoffs follow the business’s earlier this year announcement that it was shedding roughly 18,000 positions as part of a significant cost-cutting effort at the world’s largest e-commerce company.
On May 22, 2022, the Meta Platforms logo can be seen in Davos, Switzerland.
Meta, the parent company of Facebook, intends to fire 10,000 more workers.
According to Jassy, the most affected employees will be those working in the following divisions: advertising, Twitch, People Experience and Technology (PXT), Amazon Web Services, and so on.
According to a statement sent to employees on Monday by CEO Andy Jassy, Amazon is eliminating 9,000 additional jobs.
In the memo, Jassy stated, “This was a difficult choice, but one that we think is best for the company long term.
According to a statement sent to employees on Monday by CEO Andy Jassy, Amazon is eliminating 9,000 additional jobs.
Some people might wonder why we didn’t include these role reductions in the ones we already disclosed, Jassy said. The simple answer is that not all of the teams completed their analyses by the end of the fall. Rather than rushing through these assessments without the necessary care, we elected to disclose these decisions as we made them so people could learn about them as soon as possible.
The most recent layoffs at Amazon are part of a recent wave of job losses in the technology sector as the company deals with a whiplash in demand for digital goods and services brought on by a pandemic and broader macroeconomic instability.
Like many businesses, Clancy’s claimed that the present economical climate had an effect on his. “User and revenue growth has not kept pace with our goals,” Clancy said. “We have made the very painful decision to reduce the amount of our personnel in order to run our business sustainably.”
Only last week, Facebook parent company Meta said it was cutting another 10,000 jobs on top of the 11,000 layoffs that were already disclosed in late 2017.
