Jassy added, however, there could be even more cuts because "teams are not yet finished making final decisions on precisely which roles will be impacted." He said he hoped those reviews could be "complete by mid to late April." Amazon's total job cuts thus far are disappointingly low, a drop in the bucket compared to its 1.5 million employees as of the end of 2022. Monday's reductions came after the second phase of the company's annual planning process, which wrapped up this month. "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 wrote. That's on top of the 18,000 workers that the tech giant said it would let go in January, which mainly came from Amazon's retail and recruiting operations. Andy Jassy, CEO of Club holding Amazon, detailed the company's actions in a memo to staff, saying these job cuts will mostly come from its Amazon Web Services (AWS) cloud unit, advertising operations and videogame streaming platform Twitch. Alphabet (GOOGL) cut 12,000 jobs in January, and Microsoft (MSFT) is reducing 10,000 through March 31. Meta Platforms (META) last week revealed another 10,000 on top of 11,000 in November. The new Amazon cuts, which bring its recent total to 27,000, follow other tech layoffs. But management has not gone far enough to reduce its bloated workforce and cut costs across the organization. Personal Loans for 670 Credit Score or LowerĪmazon 's (AMZN) announcement Monday to eliminate another 9,000 employees in the coming weeks is a step in the right direction. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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