Amazon will lay off more than 18,000 workers | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Amazon says it plans to lay off more than 18,000 employees.

Amazon says it plans to lay off more than 18,000 employees as the global economic outlook continues to worsen. Several teams will be affected, including the human resources department and Amazon Stores, according to a memo from CEO Andy Jassy shared with employees. “Companies that last a long time go through different phases. They’re not in heavy people expansion mode every year,” he said. Jassy had said in November that job cuts at the e-commerce giant would continue into early 2023.

” “This year’s review has been more difficult given the uncertain economy and that we’ve hired rapidly over the last several years,” he added. The layoffs will help Amazon pursue long-term opportunities with a stronger cost structure, Jassy said. But he called the cuts a “difficult decision,” noting he is “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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why, weren’t they in a hiring frenzy? I’m guessing Christmas is over.

That’s what generally happens when Biden is the President.

Soooo are you going to demonize Bezoz and Jassy like you did Musk for laying people off?

Another signal laying out to the 2023's recession.

But as soon as seasonal starts they be wanted back. But at a lower basic rate than when they been kicked out. If anything like uk seasonal the youngest cheapest workers get job. Even half price apprenticeship for warehouse.

I blame Donald Trump

Just when we heard about a McDonald's restaurant expansion and great things to come for the chain, it wasn't quite expansion..but reorganization. In order to be faster and more efficient, cuts in corporate staff and some projects will be announced on April 3.

No recession though. All good.

hahahahahahahahahahahahahahahahahaha, so much for your fucking prime, bezos

The Iranian regime executed 2 more protestors. MehdiKarami and Seyed MohammadHosseini are the latest victims if the IRI. We must stand up louder than ever and put pressure on our local governments to hold them accountable to prevent the murder of more protestors. MahsaAmini

I am very sorry about massive lay off due to incompetent president. Are you interested in Confucius analects ?

Glad I never had anything to do with Amazon in any way.

The Regime in Iran executed two more protestors: MohammadMehdiKarami MohammadHosseini It will not stop with more talks and red carpets. We need to send a clear signal and treat them as what they are: terrorists. V

The terrorist IR regime killed MohammadMehdiKarami and MohammadHosseini . I.R regime executed them in cold blood this morning. Is there any intention in this messed up freaking world to stop this madness? P

The terrorist IR regime killed MohammadMehdiKarami and MohammadHosseini . I.R regime executed them in cold blood this morning. Is there any intention in this messed up freaking world to stop this madness? UN EmmanuelMacron POTUS

Build back better

At dawn on Saturday, January 7, 2023, MohammadMehdiKarami and Said MohamamdHosaini were executed. These two young men were arrested during the popular uprisings and, by the IRI judiciary, sentenced to death

Today, the bloodthirsty Islamist regime has executed 2 more innocent protesters: MohammadMehdiKarami MohammadHosseini These innocent idealistic young men put their lives in danger for democracy in Iran. We are mourning as a nation. StopExecutionInIran CBC

The murderous Islamic Republic regime has executed two more protesters MohammadMehdiKarami and MohammadHosseini. Shame on the global community and leaders for not stopping the IR’s atrocities! UN_HRC StopExecutionsInIran

One day before the anniversary of PS752 downing by the regime, IR executed 2 freedom fighters MohammadMehdiKarami & MohammadHosseini. Iran's occupied by a terrorist org in direct war against people. Iranians have the right to defend themselves in any way necessary.

Dear world. Today, the bloodthirsty Islamist regime in Iran has executed 2 more innocent protesters: MohammadMehdiKarami MohammadHosseini These innocent idealistic young men put their lives in danger for democracy in Iran. We are mourning as a nation. Help us save others.

At dawn on Saturday, January 7, 2023, MohammadMehdiKarami and Said MohamamdHosaini were executed. These two young men were arrested during the popular uprisings and, by the IRI judiciary, sentenced to death.

The terrorist IR regime killed MohammadMehdiKarami and MohammadHosseini . I.R regime executed them in cold blood this morning. Is there any intention in this messed up freaking world to stop this madness? UN EmmanuelMacron POTUS

The terrorist IR regime killed MohammadMehdiKarami and MohammadHosseini . I.R regime executed them in cold blood this morning. Is there any intention in this messed up freaking world to stop this madness?

The terrorist IR regime killed MohammadMehdiKarami and MohammadHosseini I.R regime executed them in cold blood this morning. Is there any intention in this messed up freaking world to stop this madness?

Let's go Brandon.

Every company lays off after holidays nothing new,.,,.

It's just the beginning people, Biden's America has just begun. Remember when we tried warning you? Most of you will make excuses so hopefully you'll be the ones losing your jobs next. And when you do, you won't be able to deny it.

Bezos always copying Elon.

United Nations and human rights, why don't you help the people of Iran, the Islamic Republic is executing us one by one

Wtf? That’s a lot of people!

Joe Bidens America 🇺🇸

Glad I didn’t accept those random emails about an interview.☺️

Bezosisagrub

Biden economic policies. It's starting to affect the world.

JESU!

January6th 😲 MuhDemocracy 😲

They’re taking the Elon Twitter route

Corporate greed

Well i guess the $billion they wasted on rings of power needed to be recouped from some place, why not fire people? Can't be touching those profits. Bezos needs him another boat.

Bad news to indians

These are likely seasonal jobs one must think cuz in my town they are almost down building a new mega warehouse to employee thousands of regular employees

That’s what happens when u destroy the economy. Just to beat the orange guy🤔

Smdh. Why are companies not firing employees that cause this mess in the first place? They should be held responsible.

The media can do with same with the perfection of AI like Chatgpt. You can just have robots reciting the news and they’ll never age.

💔

Thanks Biden

It’s about time.

I thought you guys said we weren’t in a recession?

dont lay off any from live chat it already takes long enough waiting

Fake

Bet the biden-harris administration will not report this on the next job report

Transitory.

AI is coming to you

Bought a few Amazon stock earlier this year for $3K. Each share is only worth 87 bucks in this economy 🤦🏼‍♂️🤦🏼‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tom Zhu: China boss is now highest-profile Tesla executive after Elon Musk | CNN BusinessTesla Inc's China chief Tom Zhu has been promoted to take charge of the electric carmaker's US assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters. good. ordered a model y performance in june 2022. in germany. delivery date expected 10/2022. Reality: no car delivered, even no news when this will happen. i try to get out of this contract. elonmusk GigaBerlin. ordered through leasing company instadrive. someone can help? Not sure what to think about this. Definitely interesting. Have yall done a story on the white girl getting HACKED to death with a machete by a POC on New Years day?
Source: cnni - 🏆 326. / 59 Read more »

World's largest iPhone factory bounces back from Covid disruption that hurt Apple | CNN BusinessProduction at the world's biggest iPhone factory, disrupted since October by China's Covid-19 restrictions and worker protests, is now running at nearly full capacity, according to a Chinese state media report. these protests were not because of COVID restrictions, because of some incentives for employees were withdrawn by company Wonder how they got them to go back to work......Apple knows
Source: cnni - 🏆 326. / 59 Read more »

FTX founder Sam Bankman-Fried to appear in court Tuesday | CNN BusinessSam Bankman-Fried, the disgraced founder of bankrupt crypto exchange FTX, is set to appear in person in a Manhattan federal court on Tuesday to face charges that include cheating investors out of billions of dollars. Is he really ‘disgraced’ in every interview he’s sounded arrogant and avoided responsibility Like all people I was born free from sin and crime, why did the environment and people attack me like most people, forcing them to sin and be criminals? We can and have a right to defend ourselves against this! Even with protective services! The death sentences for MohammadMehdiKarami & MohammadHosseini are affirmed in the Islamic Republic’s “Supreme Court” from the case for protests on Hadis Najafi’s 40th day in Karaj. These two’s precious lives are extremely in danger.
Source: CNN - 🏆 4. / 95 Read more »

Global markets try to put last year's misery behind them | CNN BusinessGlobal stocks are striding higher on the first major trading day of 2023 as investors try to look beyond a gloomy outlook for the world economy, China’s worst Covid outbreak and stubbornly high inflation in Europe. Like all people I was born free from sin and crime, why did the environment and people attack me like most people, forcing them to sin and be criminals? We can and have a right to defend ourselves against this! Even protective services! Has there been Human extinction in past? That's it. Winning
Source: CNN - 🏆 4. / 95 Read more »

UK train strikes will disrupt return to work this week | CNN BusinessBrits are facing another week of travel chaos as rail strikes drag into the new year, disrupting the return to workplaces following the holidays and dealing another blow to retail and hospitality businesses.
Source: cnni - 🏆 326. / 59 Read more »