Amazon layoffs

2023 - 3 - 21

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Image courtesy of "PBS NewsHour"

Amazon to cut 9000 more jobs in second round of layoffs (PBS NewsHour)

The job cuts would mark the second largest round of layoffs in the company's history. Amazon had already cut 18000 in the past few months.

The company plans to finalize those decisions by mid to late April and notify those who will be laid off. [READ MORE: Amid layoffs, Amazon pauses construction on second headquarters in Virginia](https://www.pbs.org/newshour/economy/amid-layoffs-amazon-pauses-construction-on-second-headquarters-in-virginia) But demand slowed as the worst of the pandemic eased. Twitch, the gaming platform Amazon owns, will also see some layoffs as well as Amazon’s PXT organizations, which handle human resources and other functions. [18,000 employees](https://apnews.com/article/business-san-francisco-marc-benioff-bbb2f3a09eafdfc7cda54a3b87e538ad) the tech giant said it would lay off in January. He said Amazon will still hire in some strategic areas.

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Image courtesy of "TechCrunch"

AWS takes a hit in latest round of Amazon layoffs (TechCrunch)

When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy ...

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Image courtesy of "CNBC"

Amazon to lay off 9000 more workers in addition to earlier cuts (CNBC)

Amazon will lay off 9000 more employees, CEO Andy Jassy said in a memo to staff Monday.

To those ultimately impacted by these reductions, I want to thank you for the work you have done on behalf of customers and the company. I remain very optimistic about the future and the myriad of opportunities we have, both in our largest businesses, Stores and AWS, and our newer customer experiences and businesses in which we're investing. This initially led us to eliminate 18,000 positions (which we shared in January); and, as we completed the second phase of our planning this month, it led us to these additional 9,000 role reductions (though you will see limited hiring in some of our businesses in strategic areas where we've prioritized allocating more resources). The overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers' lives and Amazon as a whole. However, given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount. The company just wrapped up the second phase of its annual budgeting process, referred to internally as "OP2."

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Image courtesy of "The Guardian"

Amazon to cut another 9000 jobs in new round of layoffs (The Guardian)

Amazon is to cut 9,000 jobs across its global business, as the second big cull of staff at the online retailer this year. The company said the cuts would ...

“This was a difficult decision, but one that we think is best for the company long term. Last week it announced plans to cut a further 10,000 jobs this year and also instituted a hiring freeze, having already announced 11,000 job cuts in November last year. Amazon has [also been slowing down the global expansion](https://www.supplychaindive.com/news/amazon-cancels-delays-dozens-of-warehouses-fulfillment-mwpvl/631130/) of its network of distribution centers, warehouses and other facilities since at least 2022, in some cases scrapping planned projects entirely. Other tech firms that have announced significant layoffs include Microsoft, Google owner Alphabet and business software company Salesforce. In January it also revealed separate plans to shut three UK warehouses and seven delivery stations, affecting more than 1,200 further jobs. [pausing the construction](https://www.cnbc.com/2023/03/03/amazon-pauses-construction-of-second-headquarters-in-virginia.html) on part of its second headquarters in Alexandria, Virginia.

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Image courtesy of "Reuters"

Amazon deepens tech-sector gloom with another 9000 layoffs (Reuters)

In a remarkable turn for a company that has long touted its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9% of its roughly ...

Jassy is choosing to make them happen to pad Amazon's bottom line." "Some may ask why we didn't announce these role reductions with the ones we announced a couple months ago," he wrote. The Athena Coalition, a labor and activist group that is critical of Amazon, said in a statement: "None of these layoffs have to happen. "Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount." Register for free to Reuters and know the full story [(AMZN.O)](https://www.reuters.com/companies/AMZN.O) on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner.

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Image courtesy of "Business Today"

Amazon fires 27000 employees in 3 months; read CEO Andy Jassy's ... (Business Today)

Amazon CEO Andy Jassy explains that the company is planning to be more streamlined in its costs and headcount due to the uncertain economy and future.

To those ultimately impacted by these reductions, I want to thank you for the work you have done on behalf of customers and the company. I remain very optimistic about the future and the myriad of opportunities we have, both in our largest businesses, Stores and AWS, and our newer customer experiences and businesses in which we're investing. This initially led us to eliminate 18,000 positions (which we shared in January); and, as we completed the second phase of our planning this month, it led us to these additional 9,000 role reductions (though you will see limited hiring in some of our businesses in strategic areas where we've prioritized allocating more resources). However, given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount. Amazon is planning to invest in key long-term customer experiences that will "improve customers' lives" and the overall performance of Amazon. The overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers' lives and Amazon as a whole.

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Image courtesy of "The Indian Express"

Why Amazon will lay off 9000 more employees (The Indian Express)

Amazon has announced it will eliminate another 9000 jobs, taking the total number of layoffs so far in 2023 to 27000. What reason has the company given?

A deteriorating economy has brought about a series of mass job cuts across corporate America, from Wall Street banks such as Goldman Sachs and Morgan Stanley to Big Tech firms including [Microsoft](https://indianexpress.com/about/microsoft/). “Some may ask why we didn’t announce these role reductions with the ones we announced a couple of months ago. He said Amazon will still hire in some strategic areas. Companies like Meta, Amazon and Google, emblematic of the sector’s rapid growth over the last decade, are faltering. Banks such as Silicon Valley Bank (SVB) which specialised in dealing with tech companies had to be shut down over solvency issues. [eliminate another 9,000 jobs](https://indianexpress.com/article/technology/tech-news-technology/amazon-cut-jobs-second-round-layoffs-8508738/) in the next few weeks, bringing the total number of workers it has fired in 2023 to 27,000.

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Image courtesy of "Forbes"

Amazon Begins Second Round Of Layoffs, But Wall Street Is ... (Forbes)

Amazon announces 9000-strong layoff round for its corporate departments including cloud services and advertising.

[ Emerging Tech Kit](https://learn.tryq.ai/blog/emerging-tech-kit?utm_campaign=Forbes&utm_medium=article&utm_source=Forbes) do the heavy lifting for you. The reason Meta has become the darling of mass tech layoffs is again linked to its latest earnings report which was released back in February. Only those with the strongest stomachs will be ready for the continuing rollercoaster ride in Big Tech stock prices. [Download Q.ai today](https://refer.tryq.ai/Qe5UxraOlyb) for access to AI-powered investment strategies. Mass layoffs will never be good news, but Meta has made the most of it while Amazon’s share price has dipped. Amazon’s second round of mass layoffs is a grim milestone for the tech industry, which has suffered heavy losses in recent months. Even though Wall Street is jittery about tech stocks, how Amazon and Meta’s layoffs announcements were received shows the power of a good earnings report spin. The difference is stark if we compare Amazon’s announcement and stock performance to another company. It brings you a weighted basket of tech stocks, crypto and ETFs with the aim to provide the best risk-adjusted returns. CEO Andy Jassy said the job cuts are due to the difficult economic backdrop that has been plaguing Big Tech in recent months. Big Tech leaders continue to stress the word ‘lean’ while trying to reassure investors. [Download Q.ai today](https://refer.tryq.ai/ietmJP8Nlyb) for access to AI-powered investment strategies.

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Image courtesy of "The Economic Times"

Amazon Layoffs: Fresh round of Amazon layoffs to impact 9000 ... (The Economic Times)

Amazon CEO Andy Jassy said in a blog post on Monday that the tech major will slash another 9,000 jobs in the next few weeks.

[Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. [D-St Indices Fall on Back of Weakness in Global Markets](/epaper/delhicapital/2023/mar/21/et-front/d-st-indices-fall-on-back-of-weakness-in-global-markets/articleshow/98835867.cms) The fresh layoff is in addition to the [11,000 employees or 13% of its global workforce Meta had sacked](https://economictimes.indiatimes.com/tech/technology/meta-to-layoff-11000-employees-says-mark-zuckerberg/articleshow/95403793.cms)in November last year in a bid to cut costs. He said the fresh round of layoffs will affect staff mostly in Amazon Web Services or AWS, Amazon People eXperience and Technology (PXT), advertising, and [Twitch](/topic/twitch), a live streaming platform for video gamers. [technology](https://economictimes.indiatimes.com/tech)and [startup news](https://economictimes.indiatimes.com/tech/startups)that matters. As per a report by Business Insider,

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Image courtesy of "CNN"

Amazon to lay off 9000 more workers (CNN)

Amazon is cutting 9000 more jobs, CEO Andy Jassy announced Monday in a memo to staff.

[rapidly grew its headcount ](https://www.cnn.com/2023/01/22/tech/big-tech-pandemic-hiring-layoffs)during the early days of the pandemic. “Like many companies, our business has been impacted by the current macroeconomic environment, and user and revenue growth has not kept pace with our expectations,” Clancy wrote. “Some may ask why we didn’t announce these role reductions with the ones we announced a couple months ago,” Jassy added.

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Image courtesy of "CRN"

Amazon: AWS Layoffs Driven By 'Reprioritization Decisions' | CRN (CRN)

AWS layoffs at Amazon, about 9000 employees, were driven by reprioritization decisions at the cloud computing market leader as tech layoffs continue in ...

For example, in its most recent fourth quarter 2022, Amazon’s overall operating income was $2.7 billion. “As an added bonus, those of us that were fortunate enough to keep our jobs have had to absorb an unmanageable amount of work,” she said. Monday’s news of 9,000 layoffs at Amazon sent shockwaves through the technology world. 3 with 11 percent market share. “This was a difficult decision, but one that we think is best for the company’s long term.” However, Amazon’s new round of employee terminations will undoubtedly affect AWS. “I understand the need to cut costs, but dragging this out over 6 months is torture. “In most cases this involved people shifting projects, priorities, or teams, but in some cases we didn’t have the right skill match for these priorities.” [AWS, the world’s largest ](https://www.crn.com/news/cloud/aws-vs-azure-vs-gcp-flexera-2023-customer-cloud-results) [cloud computing company](https://www.crn.com/news/cloud/aws-vs-azure-vs-gcp-flexera-2023-customer-cloud-results). [Andy Jassy](https://www.crn.com/news/cloud/amazon-ceo-andy-jassy-on-aws-a-lot-of-growth-in-front-of-us-) in a message to employees on Monday. [AWS’](https://www.crn.com/news/cloud/snowflake-to-spend-2-5-billion-on-the-aws-cloud-over-five-years) history, the Seattle-based company told CRN it continues to be bullish about the future. [Amazon Web Services](https://www.crn.com/news/cloud/aws-could-hit-100-billion-revenue-milestone-in-2023) told CRN that its recent [layoff round](https://www.crn.com/news/cloud/aws-layoffs-on-the-way-as-amazon-cuts-9-000-employees) is based on “reprioritization decisions,” adding that the cloud computing leader is “very excited” about its future.

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