Amazon CEO Andy Jassy announced this morning in a message to employees that the tech giant would be laying off an additional 9,000 employees after laying off 18,000 already this year.
to employees that the tech giant would be laying off an additional 9,000 employees after laying off 18,000 already this year.
This brings the total number of layoffs at Amazon to 27,000 employees. Jassy said that the main departments that would experience layoffs include AWS, PXT, Advertising, and Twitch.“I believe the result of this year’s planning cycle is a plan that accomplishes this objective.
As to why Amazon did not include this second round of layoffs in the ones announced in January, Jassy said that the main reason was that not every team had completed the necessary analysis of what cuts could be made. Separation payments, transitional health insurance benefits, and external job placement support are being promised to all the employees that are being let go.
This is yet another cost-cutting measure for Amazon, which reported $149.2 billion in revenue in December after cutting its
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