Friday, April 26, 2024

Amazon Announces to Lay Off 9000 Employees

Amazon.com announced on Monday that it would eliminate an additional 9,000 positions, bringing the total number of positions eliminated in recent months to 27,000, cutting from its historically profitable cloud business, which is now experiencing new challenges. Amazon.com is the latest tech company to announce a second round of layoffs in the face of a potential recession.


CEO Andy Jassy explained the choice in a memo to the workforce that was published online. He claimed it resulted from continuous priority assessments and economic uncertainty.


The company would now slash positions from Amazon Web Services, its advertising, and Twitch streaming operations, in contrast to earlier cuts that concentrated on the company’s e-commerce and devices business as well as human resources personnel.

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