Amazon Mulls Cutting More Than 18,000 jobs

Thu Jan 05 2023
icon-facebook icon-twitter icon-whatsapp

Monitoring Desk

WASHINGTON: Amazon aims to lay-off more than 18,000 roles as it cuts costs, the technology giant’s boss has said.

 Affected workers will be informed from January 18, chief executive Andy Jassy said in a note to staff.

The cuts amount to around 6 percent of firm’s roughly 300,000-strong skilled workforce. In November Amazon said it was starting a process of lay-offs but Amazon did not give a number of how many jobs it would cut.

Amazon chief

“We are working to support those who are affected and are providing packages that include a separation payment, transitional health insurance benefits, and external job placement support,” Jassy said. He added: “Amazon has weathered uncertain and difficult economies in the past, and we will carry on to do so.”

Jassy did not specify where affected workers were located, but he said Amazon would communicate with the organisations that represent workers “where applicable in Europe”. He also said the “majority of role dismissals” would be in the Amazon Stores operations and its people, experience, and technology team. Two months ago, the firm said it would focus on reducing expenses in its annual review of business operations.

Amazon had already introduced a hiring freeze and halted some of its warehouse expansions, warning it had over-hired during the pandemic. It has also taken steps to shut some parts of its business, cancelling projects such as a personal delivery robot.

icon-facebook icon-twitter icon-whatsapp