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Amazon announces to cut 9,000 more jobs

WASHINGTON: Amazon CEO Andy Jassy announced on Monday that he is laying off 9,000 more employees at the online retail giant, adding to the 18,000 laid off in January.

“Given the uncertain economy… and the uncertainty that exists in the near future,” Jassy wrote in a memo to employees.

The layoffs represent a smaller proportion of Amazon’s total workforce, which is expected to reach 1.5 million by December 2022, than those seen at other tech behemoths.

In what CEO Mark Zuckerberg has called the company’s “year of efficiency,” Meta has laid off nearly 25% of its estimated workforce in just a few months, as the US tech sector continues to downsize.

Amazon’s Jassy informed his employees that the additional layoffs were necessary due to additional feedback from departments as the company seeks a way to downsize after years of sustained hiring.

This was largely due to the coronavirus pandemic, when users in Amazon’s major markets turned to the internet for shopping and entertainment, giving the Seattle-based company a massive boost.

“Rather than rushing through these assessments without due diligence, we chose to share these decisions as they were made so people could have the information as soon as possible,” Jassy explained.

According to Jassy, the cuts would primarily affect Amazon’s cloud computing, human resources, advertising, and Twitch video game streaming businesses.

The corporation maintained this was merely a temporary measure, but as part of its cost-cutting drive, the giant also paused plans to establish a new corporate headquarters in the Washington, DC, region.

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