Amazon To Slash More Than 18,000 Jobs In Escalation Of Cuts

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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