Business

PRIME CUTS: Amazon Laying Off Another 9,000 Workers Weeks After Firing 18,000 Employees

posted by Hannity Staff - 3.20.23

The tech bloodbath continues.

According to a report from The New York Post, Amazon is preparing to lay off 9,000 workers just weeks after firing 18,000 employees; “this is best for the company,” CEO Andy Jassy says.

From The New York Post:

Jassy told staffers that most of the cuts will affect positions in the company’s cloud computing division Amazon Web Services, its People experience and Technology unit (PXT), its advertising department, and its Twitch live video streaming division.

Amazon joins other tech giants including Google, Meta, Twitter, and Microsoft that have laid off tens of thousands of employees in recent months due to falling revenue and macroeconomic headwinds spurred by soaring inflation and high-interest rates.

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

“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,” Jassy said.

More over at The New York Post:

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