Amazon is set to cut thousands of jobs due to economic uncertainty. The online retail giant is set to lay off 9,000 more of its employees.
Amazon Is Set To Cut Thousands of Jobs Due To Economic Uncertainty
Retail giant Amazon will reputedly cut 9,000 additional jobs in the coming weeks as part of the company’s effort to streamline costs, Andy Jassy, CEO of Amazon on Monday in a memo to employees said.
This news is coming on top of over 18,000 jobs amazon said it would cut as part of a reduction of the workforce that started back in November.
Jassy’s Statement in Regard to the 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 stated.
The tech industry has shed over 100,000 jobs in as many as recent months as companies and firms including Microsoft, Google, and Facebook have all announced huge cuts.
Amazon Departments Affected By the Job Cuts
The latest round of cuts by Amazon will affect mostly the cloud computing unit AWS and the PXT group of the company which as you should know handles human resources and many other responsibilities. Twitch, the game streaming service of the company will also see cuts on its end as well as the company’s advertising business, Jassy stated.
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