Amazon CEO says layoffs will continue in 2023

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Amazon CEO says layoffs will continue in 2023
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Amazon's layoffs will continue in 2023 as the 'economy remains in a challenging spot,' CEO Andy Jassy wrote in a memo to employees.

The Heritage Foundation's Andy Puzder discusses Amazon's sweeping layoffs and how the labor force has changed since the COVID-19 pandemic on 'Fox Business Tonight.'

Amazon CEO Andy Jassy told employees in a memo made public on Thursday that layoffs will continue in 2023, writingis in a "challenging spot" and the e-commerce giant has "hired rapidly" in recent years. "Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments," Jassy wrote in the memo. Amazon's layoffs will continue in 2023, CEO Andy Jassy told employees on Thursday.

The layoffs, which the Wall Street Journal reports could amount to 10,000 jobs, have already impacted the company's Devices and Books businesses.

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