Chief Executive Andy Jassy said in a statement that the company added a significant number of employees in recent years, a step he defended as necessary given what was happening in Amazon’s business at the time. “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 head count,” Mr. Jassy said, noting that the layoffs come after Amazon completed its annual planning process. Waves of job cuts have roiled the tech industry. Read More...
American City Business Journals
Amazon to lay off another 9,000 employees
Amazon.com Inc. (Nasdaq: AMZN) will eliminate about 9,000 more roles, affecting teams in its highly profitable cloud division, CEO Andy Jassy told employees Monday in a publicly posted message. The cuts, he said, are across the Amazon Web Services, Twitch, advertising and human resources teams. “Some may ask why we didn’t announce these role reductions with the ones we announced a couple months ago,” Jassy said.
