Amazon to lay off 9,000 in wave of job cuts
Christopher Hutton
Video Embed
Amazon announced that it is laying off an additional 9,000 employees from its staff, the latest wave of job losses for the tech industry as it adjusts to the post-pandemic world.
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.
SVB COLLAPSE: FDIC EXTENDS DEADLINE FOR BIDDING ON FAILED BANK
“For several years leading up to this one, most of our businesses added a significant amount of headcount. This made sense, given what was happening in our businesses and the economy as a whole,” Jassy wrote in a memo. “However, 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 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.”
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
Amazon is not the only one to let off a significant portion of its worker base in recent weeks. Facebook parent company Meta laid off 10,000 workers last week to pursue its “year of efficiency.”