Amazon To Slash More Than 18,000 Jobs In Escalation Of Cuts
1 year ago
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Amazon To Slash More Than 18,000 Jobs In Escalation Of Cuts
Chief Executive Officer Andy Jassy announced the cuts, which represent about 1% of Amazon’s employees, in a memo to staff Wednesday, saying it followed the company’s annual planning process.
The eliminations began last year and were previously expected (https://www.bloomberg.com/news/articles/2022-11-14/amazon-plans-to-lay-off-about-10-000-employees-nyt-reports) to affect about 10,000 people. The move is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions, like recruiting.
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