Amazon to Lay Off 9,000 More Workers Amid Cost-Cutting Efforts

Amazon’s CEO Andy Jassy has just announced in a memo to staff that Amazon is set to lay off an additional 9,000 employees in the coming weeks. This comes on top of the previously announced layoffs that took place between November and January 2023, which affected over 18,000 employees in the company’s retail, devices, recruiting, and human resources groups.

The latest round of layoffs is part of Amazon’s efforts to streamline costs, taking into account the state of the economy and the “uncertainty that exists in the near future,” as stated by Andy Jassy in the memo. The company just wrapped up the second phase of its annual budgeting process, referred to internally as “OP2.”

In the memo, Jassy emphasized that the company’s focus is on being leaner while still investing in key long-term customer experiences that can improve customers’ lives and Amazon as a whole. However, the latest round of layoffs will primarily impact Amazon’s cloud computing, human resources, advertising, and Twitch livestreaming businesses.

Twitch CEO Dan Clancy stated that approximately 400 people would be let go as part of Amazon’s latest round of job cuts. He pointed to the economic downturn and said that Twitch’s user and revenue growth has not kept pace with expectations.