Citing economic uncertainty Amazon on Thursday said it will lay off over 18,000 employees.
CEO Andy Jassy issued a statement and said, “Between the reductions, we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles. Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organizations.”
“S-team and I are deeply aware that these role eliminations are difficult for people, and we don’t take these decisions lightly or underestimate how much they might affect the lives of those who are impacted,” CEO Andy Jassy stated.
Earlier in November 2022, approximately 10,000 staff size was reduced by Amazon, especially in the Devices and Books businesses.
Meanwhile, for the people Experience, and Technology (PXT) roles a voluntary reduction offer was announced.
“This year’s review has been more difficult given the uncertain economy and that we’ve hired rapidly over the last several years,” the statement by CEO stated.
Moreover, from 18 January the company will communicate with impacted employees.
“Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so. These changes will help us pursue our long-term opportunities with a stronger cost structure; however, I’m also optimistic that we’ll be inventive, resourceful, and scrappy in this time when we’re not hiring expansively and eliminating some roles,” Jassy said.