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Amazon CEO Andy Jassy says layoffs will proceed into subsequent 12 months

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Amazon CEO Andy Jassy speaks throughout the GeekWire Summit in Seattle on Oct. 5, 2021.

David Ryder | Bloomberg | Getty Pictures

Amazon will proceed to put off workers within the coming 12 months, CEO Andy Jassy wrote in a memo to employees on Thursday.

The corporate this week started informing workers in some divisions, together with gadgets and companies, that they had been being let go. Amazon is aiming to put off about 10,000 workers, although the overall variety of impacted employees stays fluid. The cuts are being made as Amazon reckons with a worsening economic system, slowing progress in some divisions and its headcount ballooned throughout the pandemic.

Jassy stated the layoffs will stretch into 2023 as the corporate remains to be within the midst of its annual course of, and enterprise leaders are nonetheless figuring out the necessity for additional job cuts.

“These selections might be shared with impacted workers and organizations early in 2023,” Jassy wrote. “We’ve not concluded but precisely what number of different roles might be impacted (we all know that there might be reductions in our Shops and PXT organizations), however every chief will talk to their respective groups when we have now the main points nailed down.”

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