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

  • 📰 NPR
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

JUST IN: Amazon is cutting another 9,000 jobs, adding to the massive downsizing across the embattled tech sector.

Amazon CEO Andy Jassy said the company is slashing 9,000 more jobs, bringing the total cuts since Nov. 2021 to 27,000.Amazon CEO Andy Jassy said the company is slashing 9,000 more jobs, bringing the total cuts since Nov. 2021 to 27,000.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 layoffs will happen"in the next few weeks," according to CEO Andy Jassy, who announced the cuts in a memo shared with staff and"This was a difficult decision, but one that we think is best for the company long term," Jassy wrote in the memo. He said the layoffs will mostly hit employees in its cloud platform, people's experience department that works with employees, advertising, and the Twitch video service.

Earlier this year, Jassy announced the company would lay off 18,000 workers, a deeper cut than it had planned last November, when it announced it would slash 10,000 jobs.

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:

 /  🏆 96. in ZA
 

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

So, since recession is another word redefined, are we in one yet?

Seems like yet another anti-union strategy.

Soon, they'll have nothing but CIA agents left working for them.

Ugh

'embattled' sector with RECORD PROFITS.

This was the plan all along. Make the people feel good by giving out jobs, then replace with automation to increase profitability.

Let us know when fast-food restaurants start closing and non workers can't afford to pay the prices?

Good to know Bezos has plenty of $$$ to spend on vanity movie projects with his newest squeeze, and her daughter.

welcome to biden inflation but hey if you are a loser who can’t pay your college loans then maybe…

But....but....but....but!!!!! Someone is not saying truth

amazon went woke now their poor employees are facing the consequences

South Africa South Africa Latest News, South Africa South Africa Headlines