Amazon plans 9,000 more job cuts: CEO

Updated : Mar 23, 2023 09:52
|
AFP

Amazon CEO Andy Jassy said Monday he was cutting 9,000 more jobs from the online retail giant's workforce, following the 18,000 that were axed in January.

"Given the uncertain economy... and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount," Jassy said in a memo to staff.

The cuts would mainly impact Amazon's cloud computing, human resources, advertising and Twitch videogame streaming businesses, Jassy told staff.

The layoffs account for a smaller percentage of Amazon's total workforce, which ran up to 1.5 million people in December 2022, than the cuts seen at some other tech giants.

Meta has laid off nearly 25 percent of its estimated workforce in just a few months in what CEO Mark Zuckerberg has called the company's "year of efficiency" as the US tech sector continues to downsize.

Amazon CEOLayoffsAmazon

Recommended For You

editorji | Business

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

editorji | Business

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

editorji | World

UK PM Keir Starmer hosts Indian business chiefs to boost investments

editorji | Business

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

editorji | World

New Zealand falls into recession with abrupt economic slowdown