Amazon is cutting another 9,000 jobs as tech industry keeps shrinking

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Amazon is cutting another 9,000 workers, adding to the massive downsizing happening across an embattled tech sector that is uncertain about the economic future. The announcement comes after the company said it was laying off 18,000 employees in January.

on its headquarters in Arlington, Virginia, a space that was expected to bring more than 25,000 jobs to the region.

Like other Big Tech companies, Amazon's workforce ballooned during the pandemic, reaching a peak of 1.6 million employees in 2021. The rapid hiring"made sense given what was happening in our businesses and the economy as a whole," said Jassy on Monday."However, 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 the company aims to make final decisions on impacted roles by"mid to late April.

A previous version of this story stated that Amazon announced 10,000 layoffs in November. Amazon only announced that there would be layoffs.Mary Yang is an intern on the Business Desk where she covers technology, media, labor and the economy. She comes to NPR from Foreign Policy where she covered the beginning of Russia's war in Ukraine and built a beat on Southeast Asia, Asia and the Pacific Islands.Keep up with all the latest news, arts and culture, and TV highlights from KPBS.

 

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Amazon is cutting another 9,000 jobs as tech industry keeps shrinkingJUST IN: Amazon is cutting another 9,000 jobs, adding to the massive downsizing across the embattled tech sector. But....but....but....but!!!!! Someone is not saying truth amazon went woke now their poor employees are facing the consequences welcome to biden inflation but hey if you are a loser who can’t pay your college loans then maybe…
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