Amazon On Sudden Announcement Of 18,000 Job Cuts

The company announced the layoff of 10,000 employees in November.


Amazon announced Wednesday that it will cut more than 18,000 jobs from its workforce, citing the “uncertain economy” and the fact that the online retail giant has “recruited quickly” during the pandemic.

Chief executive Andy Jassy said in a statement to his employees: “Between the cuts we made in November and the ones we’re sharing today, we plan to only eliminate them. over 18,000 roles”. The company announced the layoff of 10,000 employees in November.

Jassey said the company’s management “is acutely aware that removing this role is difficult for everyone, and we do not take these decisions lightly.

“We are working to support those affected and are offering packages that include parting payments, transitional health insurance benefits and outside job referral assistance,” he said.

Jassey said some layoffs will take place in Europe, adding that affected workers will be notified starting January 18.

He said the sudden announcement was made because “one of our teammates leaked this information to the outside.”

“Amazon has weathered tough and precarious economies in the past, and we will continue to do so,” Jassy said.

The retailer has actually been hiring heavily during the pandemic to accommodate the boom in delivery demand, doubling its global headcount between early 2020 and early 2022.

The Group had 1.54 million employees worldwide at the end of September, excluding seasonal workers employed during periods of increased activity, particularly during the holiday season.

(This story has not been edited by NDTV staff and was automatically generated from an aggregated feed.)


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