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Home News Workforce

Amazon Lays Off Another 9,000 Employees

Amazon CEO Andy Jassy has said that the corporation will be laying off an extra 9,000 employees on top of the already-notified 18,000 positions that were reduced in January. The company has also expressed their plans to implement more cuts in the coming weeks to workers of Amazon Web Services, Twitch, and advertising.

Emma AscottbyEmma Ascott
March 20, 2023
in Workforce
Reading Time: 1 min read
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Amazon Lays Off Another 9,000 Employees

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What’s going on:  

On Monday, Amazon CEO Andy Jassy announced that they will be letting go of a further 9,000 employees in addition to the already-announced 18,000 positions that were cut back in January, according to Business Insider.  

Why it matters:    

The company has announced their plans to implement further cuts within the next few weeks, which will directly affect employees of Amazon Web Services, Twitch, and advertising. As they are still determining who will be impacted, they expect to finalize the details by late April and offer severance and other benefits to those affected. 

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Jassy highlighted the unsteady economy as a motivation to streamline costs and staff numbers. 

How it’ll impact the future: 

As the new year rolled in, a wave of job losses came with it as companies like Salesforce and Goldman Sachs declared that layoffs were unavoidable. For Salesforce, a reduction of up to 10% of staff was predicted, and Goldman Sachs started the year off with a reduction of 6.5%.  

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Amazon and Facebook have also announced numerous layoffs this year, which is a signal that large companies are nervous about future economic stability.

Source: Business Insider
Tags: Workforce
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Emma Ascott

Emma Ascott

Emma Ascott is a contributing writer for Allwork.Space based in Phoenix, Arizona. She graduated from Walter Cronkite at Arizona State University with a bachelor’s degree in journalism and mass communication in 2021. Emma has written about a multitude of topics, such as the future of work, politics, social justice, money, tech, government meetings, breaking news and healthcare.

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