Amazon CEO says job cuts will continue into next year | CNN Business

“Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments,” Jassy wrote in a letter to staff Thursday. “Those decisions will be shared with impacted employees and organizations early in 2023.” Jassy said that the company hasn’t “concluded yet exactly how many other roles will be impacted” by the layoffs, but added that “each leader will communicate to their respective teams when we have the details nailed down.

Now, many of these seemingly untouchable tech companies are experiencing whiplash and laying off thousands of workers as people return to pre-pandemic habits and macroeconomic conditions deteriorate. Facebook-parent Meta recently announced 11,000 job cuts, the largest in the company’s history. Twitter also announced widespread job cuts after Elon Musk bought the company for $44 billion.

McCarthyLayoffs

Omg can everybody calm the fuck down, don’t be too paranoid

It’s going to be a tough year financially for us all

Comparative reporting. Good job! Now can everyone stop saying Twitter is going to die. Because it isn't. It's a normal day in the work sector.

How much if this contributes to his bonus?

Remember this when Republicans say you can't tax the wealthy and corporations because they are 'job creators'

Why? They actually have to pay taxes? Why? They actually have to pay employees a fair living wage and possibly benefits? Are they trying to own the libs and pissed off the red wave turned into a drip? Why?

There is no recession. Biden said so. You don’t believe him?

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