Shares of Amazon fell by more than 1.5% on Monday. The culling comes just weeks after the company announced it was pausing construction on its much-touted second headquarters in Virginia. Amazon CEO Andy Jassy circulated a memo to staffers announcing a new round of job cuts. “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. Jassy said the company had added substantial amount of staff in the past few years, but the uncertain economy has forced it to choose cost and headcount cuts. Jassy told staffers that most of the cuts will affect positions in the company’s cloud computing division Amazon Web Services, its People experience and Technology unit (PXT), its advertising department, and its Twitch live video streaming division.Īmazon joins other tech giants including Google, Meta, Twitter, and Microsoft that have laid off tens of thousands of employees in recent months due to falling revenue and macroeconomic headwinds spurred by soaring inflation and high interest rates. “This was a difficult decision, but one that we think is best for the company long term,” Jassy wrote in the memo. How to stop your smart devices from listening to you and recording what you sayĪmazon will shed some 9,000 jobs just weeks after it laid off around 18,000 employees, the Seattle-based e-commerce giant told its workers Monday.Īndy Jassy, the CEO of the $1 trillion firm, circulated a memo announcing the latest layoffs will impact 3% of its 282,000-strong corporate workforce. My 5-year-old borrowed my phone - and went on a $4K shopping spree

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Amazon job force