Jassy, who took over forAmazon founder Jeff Bezoslast year, called it the "most difficult decision" that he and his team have had to make. Amazon's announcement comes amid a larger slowdown in the tech industry, with several companies announcing layoffs in recent weeks. ...
Amazon is aiming to lay off about 10,000 employees, though the total number of impacted workers remains fluid, a person familiar with the matter previously told CNBC. The cuts are being made as Amazon reckons with a worsening economy, which has slowed growth in some divisi...
MORE: Twitter begins layoffs, cuts to affect 50% of staff Lyft, Netflix, Coinbase, Salesforce,Microsoftand Snap are among a slew of other tech companies that have cut workers this year. Amazon logo seen at the entrance to Amazon's Shannon Building in Dublin.Photo by Artur Widak/NurPhoto...
Amazon's layoffs will continue into the new year, CEO Andy Jassy said in a new memo Thursday. The announcement comes a day after the tech company began layoffs of workers on its devices team, which focuses on products like its voice-operated Alexa, according to a memo from Dave Limp, ...
Amazon CEO Andy Jassy. (GeekWire Photo / Dan DeLong) Amazon CEO Andy Jassy publicly addressed the company's widespread layoffs for the first time and
Amazon Announces Layoffs; Leading Internet Retailer Says 150 Will Lose Their JobsDana HedgpethAriana Eunjung Cha
more spending discipline.Amazon has a problem right now with 8 one un named engineer told the Times The layoffs are mostly 9 in Amazons consumer retail businesses,the Times reported.The move 10 recent layoffs at Amazon's e-commerce arch-rival Walmart.Walmart is in the process of cutting up...
Zuckerberg wrote that while Meta "typically" manages out employees who don't meet expectations over a year, Meta was going to make more "extensive" cuts of low performers during the performance cycle ending in February. Meta isn't the only tech giant to recently conduct layoffs. Amazo...
“Amazon as a company recognizes that innovation is ongoing, and so when we look at how we can have a positive community impact, one of those things is to pay forward that knowledge that the careers of tomorrow aren’t entirely known today, but that there a...
“With these new rules, competing independent retailers, carriers and European customers will have more opportunities and choice.” Report: Amazon layoffs may be twice as large as expected, impacting 20,000 The agreement only applies to Amazon’s business practices in Europe and will la...