Amazon to lay off 9,000 more
Amazon CEO Andy Jassy provided information about the plan of operations and the layoffs in a message he shared with the company’s employees.
Jassy reported that they plan to lay off about 9,000 employees over the next few weeks, mainly from AWS, PXT, Twitch, and advertising.
Noting the current and future uncertainties in the economy, Jassy said: “This was a difficult decision, but we believe it is in the best interest of the company in the long run.” he performed the assessment of it.
Announcing that it decided to take a hiatus from contracting in November last year due to the economic outlook, Amazon laid off 18,000 of its employees in January.
THE WAVE OF LAUNCHINGS IN THE TECH INDUSTRY CONTINUES
The wave of layoffs in American technology companies continues, which significantly increased the number of staff in the epidemic.
While rising inflation and a potential recession are causing concern, many tech companies, especially in the US, began deciding to lay off thousands of people or suspend new hires starting last year.
It should be noted that among these companies, leading companies in the technology sector such as Meta, Amazon, Microsoft and Google’s parent company, Alphabet.
Finally, Meta, the owner of Facebook, Instagram and WhatsApp, announced that it plans to lay off 10,000 more of its employees.
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
