Amazon Is Cutting Another 9,000 Jobs As Tech Industry Keeps Shrinking

Amazon is cutting another 9,000 workers, adding to the massive downsizing happening across an embattled tech sector that is uncertain about the economic future.
The layoffs will happen "in the next few weeks," according to CEO Andy Jassy, who announced the cuts in a memo shared with staff and uploaded in a blog post on Monday.
"This was a difficult decision, but one that we think is best for the company long term," Jassy wrote in the memo. He said the layoffs will mostly hit employees in its cloud platform, people's experience department that works with employees, advertising, and the Twitch video service.
Earlier this year, Jassy announced the company would lay off 18,000 workers, a deeper cut than it had planned last November, when it announced it would slash 10,000 jobs.
The company has also paused construction on its headquarters in Arlington, Virginia, a space that was expected to bring more than 25,000 jobs to the region.
Like other Big Tech companies, Amazon's workforce ballooned during the pandemic, reaching a peak of 1.6 million employees in 2021.
The rapid hiring "made sense given what was happening in our businesses and the economy as a whole," said Jassy on Monday. "However, 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 the company aims to make final decisions on impacted roles by "mid to late April."
-
Copyright 2023 NPR. To see more, visit npr.org.
-
Cruise off the highway and hit locally-known spots for some tasty bites.
-
Fentanyl and other drugs fuel record deaths among people experiencing homelessness in L.A. County. From 2019 to 2021, deaths jumped 70% to more than 2,200 in a single year.
-
This fungi isn’t a “fun guy.” Here’s what to do if you spot or suspect mold in your home.
-
Donald Trump was a fading TV presence when the WGA strike put a dent in network schedules.
-
Edward Bronstein died in March 2020 while officers were forcibly taking a blood sample after his detention.
-
A hike can be a beautiful backdrop as you build your connection with someone.