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.
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