Amazon to cut 9,000 jobs in second round of layoffs | Inquirer Business

Amazon to cut 9,000 jobs in second round of layoffs

/ 11:06 PM March 20, 2023

The logo of Amazon is seen at the company logistics centre in Boves

The logo of Amazon is seen at the company logistics center in Boves, France, Nov. 5, 2019. (REUTERS FILE PHOTO)

Amazon.com Inc. said on Monday it would cut 9,000 jobs in its cloud services, advertising, and Twitch units, the latest Big Tech company to announce a second round of layoffs in the face of a possible recession.

CEO Andy Jassy said the company had added a substantial amount of staff in the past few years, but the uncertain economy has forced it to choose cost and headcount cuts.

Last week, Facebook-parent Meta Platforms said it would cut 10,000 jobs this year, following the first mass layoff in the fall, which eliminated more than 11,000 jobs.

RELATED STORIES

Amazon’s outlook disappoints as customer budgets stay tight

Amazon CEO says job cuts to exceed 18,000 roles

Amazon to lay off more than 17,000 workers – WSJ

ATM
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Recession

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.