The new layoffs were announced on Monday by Amazon CEO Andy Jassy. The 9,000 layoffs are on top of the planned 18,000 that Amazon announced in January. The cuts will affect Amazon's advertising department, Amazon Web Services, the Twitch live-streaming service, and the People Experience and Technology Solutions team."For several years leading up to this one, most of our businesses added a significant amount of headcount.
Jassy said the latest layoffs were not included in the January wave because"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."Amazon is not the only one to let off a significant portion of its worker base in recent weeks.
amazon May some cold, but a shareholder, want to see a lot more cuts. Amazon needs to prove that growth over profits was a (temporary) choice.
amazon They have about 1.5 MILLION employees. This is inconsequential.
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