Amazon layoffs: Amazon lays off 9,000 more employees at AWS, Twitch, Ads
The development comes just a few months after the e-commerce giant launched in January of this year. said it would lay off more than 18,000 employeesagainst the background of the desire of other technology companies to cut staff.
facebook parent Platform meta said on Tuesday it will cut 10,000 jobs in the second round of mass layoffs. The new layoff is in addition to 11,000 employees, or 13% of Meta’s global workforce, were laid off last November in an attempt to cut costs.
Also read: Layoffs in 2023: Amazon, Disney, Meta among latest firms to cut jobs amid economic downturn
Jassi, in an email to employees, cited “uncertain savings” and “quick hiring” as reasons for job cuts.
“As we just completed Phase 2 of our Operations Plan (“OP2”) last week, I am writing to let you know that we intend to eliminate approximately 9,000 more positions over the next few weeks, primarily in AWS, PXT, Ads, and Twitch.” , the message says.
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Yassi added that they didn’t announce the latest cuts in January because not all teams finished their analyzes in the late fall, he said. “Instead of rushing through these assessments without due diligence, we decided to share these decisions as we made them so that people get informed as soon as possible,” he said.
The company’s internal divisions assessed what customers care about the most and made “reprioritization decisions,” which sometimes resulted in role cuts, shifting people from one initiative to another, and new job openings, he said in a blog post.
“Initially, this resulted in us liquidating 18,000 positions (which we split in January); and as we completed the second phase of our planning this month, this has resulted in an additional 9,000 job cuts,” he said, adding that “you will see limited recruitment across some of our businesses in strategic areas where we are prioritizing focus on allocating more resources.”
Meanwhile, Disney has reportedly instructed managers to submit a list of employees who will be laid off over the next few weeks to cut costs. According to a Business Insider report, Disney may lay off at least 4,000 current employees in April. It will be the entertainment giant’s second round of job cuts this year after CEO Bob Iger announced in February that the company laid off 7,000 employees.