World Footwear

Companies

Amazon to cut another 9 000 jobs

Mar 22, 2023 United States
Amazon to cut another 9 000 jobs
The online retail giant announced that will lay off more 9 000 employees in the coming weeks, on top of the previously announced cuts that began in November and extended into January
Amazon's CEO Andy Jassy said in a memo to staff on Monday that the company would axe globally about 9 000 more positions in the next few weeks across the AWS, PXT, Advertising, and Twitch areas. “This was a difficult decision, but one that we think is best for the company long term”, reads the memo.

“For several years leading up to this one, most of our businesses added a significant amount of headcount. This made sense given what was happening in our businesses and the economy as a whole. However, 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”, he added. In the company's view, this will enable it to “still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers' lives and Amazon as a whole”.

Earlier this year, Amazon had already eliminated 18 000 jobs in its retail, devices, recruiting and human resources groups. The company is undergoing the largest lay-off spree in its history, after expanding its workforce from 798 000 in the fourth quarter of 2019 to 1.6 million by the end of 2021.


Image Credits: aboutamazon.com

Related Events

  • Jun
    2
    Jun 2-Jun 3, 2024 | Michigan, United States

    Metro-Michigan Women's Wear Market

  • Jun
    3
    Jun 3-Jun 7, 2024 | New York, United States

    FFANY Market Week

  • Jun
    4
    Jun 4-Jun 7, 2024 | Atlanta, United States

    Atlanta Apparel

  • Jun
    4
    Jun 4-Jun 6, 2024 | New York, United States

    Footwear Show New York Expo (FSNYE)

Related Organizations

  • USRA - United Shoe Retailers

    USRA - United Shoe Retailers

    United States
  • PLC - Pensole Lewis College of Business & Design

    PLC - Pensole Lewis College of Business & Design

    United States
  • ALCA - American Leather Chemists Association

    ALCA - American Leather Chemists Association

    United States
  • TUSPM Shoe Museum

    TUSPM Shoe Museum

    United States