Amazon will cut about 9,000 jobs just weeks after it cut around 18,000 workers, the Seattle-based e-commerce giant told its employees on Monday.
Andy Jassy, CEO of a $1 trillion company, distributed the note the announcement of the newest layoffs will affect 3% of the 282,000 corporate employees.
“It was a difficult decision, but we imagine it’s the most effective for the corporate in the long run,” Jassy wrote within the memo.
Jassy told employees that the majority of the cuts will affect jobs in Amazon Web Services’ cloud computing division, People Experience and Technology (PXT) division, promoting division, and Twitch’s live video division.
Explaining the move, Jassy noted that Amazon had “added a big variety of employees” within the “years leading as much as it.”
![Amazon CEO Andy Jassy has sent out a memo to employees announcing a new round of job cuts.](https://nypost.com/wp-content/uploads/sites/2/2023/03/NYPICHPDPICT000006699595.jpg?w=1024)
“It made sense given what was occurring in our businesses and the economy as a complete,” Jassy said.
“Nevertheless, given the uncertain economy we live in and the uncertainty that exists within the near future, we have now opted for more rational costs and staff numbers.”
The slaughter comes just weeks after the corporate announced it was halting construction on its much touted second headquarters in Virginia.
Amazon shares fell greater than 1.5% on Monday. Over the past 12 months, Amazon shares have lost 40% of their value.
Jassy said the layoffs were designed with the intention of constructing the corporate “leaner”, doing so in a way that enables us to proceed to take a position heavily in key long-term customer experiences that we imagine can significantly improve the lives of consumers and Amazon as a complete.”
The pinnacle of Amazon said the corporate “assessed what customers care most about” and consequently “made decisions to shift priorities that sometimes led to downsizing of roles…”
“Some may ask why we didn’t announce these role reductions with those we announced a number of months ago,” Jassy wrote.
“The short answer is that not all teams finished their evaluation in late fall…”
Jassy said management teams at Amazon took “due diligence” in determining which roles to chop.
![Amazon is the latest tech giant to announce layoffs.](https://nypost.com/wp-content/uploads/sites/2/2023/03/NYPICHPDPICT000002626238.jpg?w=1024)
“To those ultimately affected by these cutbacks, I would like to thanks for the work you’ve got done on behalf of clients and the corporate,” he wrote.
“It’s never easy to say goodbye to teammates and we’ll miss you.”
Last fall, Amazon announced it could cut 6% of its 300,000 corporate workforce – essentially the most in its nearly 30-year history.
In its latest earnings report, the corporate said its net income fell by about $300 million within the fourth quarter last 12 months.
Overall, Amazon reported a net lack of $2.7 billion in 2022. The corporate has been weighed down by struggling Amazon Go and Amazon Fresh grocery stores.
Other tech giants, including Google, Meta, Twitter and Microsoft, have laid off tens of hundreds of workers in recent months resulting from declining revenues and macroeconomic difficulties attributable to rising inflation and high rates of interest.