Amazon expands layoffs from 10,000 to 18,000 jobs as stock price keeps falling

Amazon expands layoffs from 10,000 to 18,000 jobs as stock price keeps falling

a year ago
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https://arstechnica.com/tech-policy/2023/01/amazon-expands-layoffs-from-10000-to-18000-jobs-as-stock-price-keeps-falling/

Amazon announced plans for another round of job cuts yesterday, bringing the total number of layoffs since November to more than 18,000 worldwide.

"Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles," CEO Andy Jassy wrote in a message to employees that Amazon posted publicly. "Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organizations."

Amazon expands layoffs from 10,000 to 18,000 jobs as stock price keeps falling

Jan 5, 2023, 5:39pm UTC
https://arstechnica.com/tech-policy/2023/01/amazon-expands-layoffs-from-10000-to-18000-jobs-as-stock-price-keeps-falling/ > Amazon announced plans for another round of job cuts yesterday, bringing the total number of layoffs since November to more than 18,000 worldwide. > "Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles," CEO Andy Jassy wrote in a message to employees that Amazon posted publicly. "Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organizations."