Technology

Amazon cuts more than 18,000 jobs in a second round of Amazon layoffs

9
Amazon layoffs

Amazon laid off thousands more workers Wednesday, months after laying off 10,000.

Amazon is set to lay off 8,000 more workers, according to the Seattle Times and other reports. According to Bloomberg, Amazon’s worldwide retail president Doug Herrington said in a memo the business would start emailing employees Wednesday.

Amazon layoffs over 18,000 employees to be affected

In November, in the first round of Amazon layoffs 10,000 employees across its devices, retail, and HR areas.

“Between the reductions, we made in November and the ones we’re sharing today,” Amazon CEO Andy Jassy revealed on Jan. 4. Jassy said additional layoff letters would begin Jan. 18.

Jassy previously told USA TODAY that Amazon Stores and PXT (People, Experience, and Technology) would see the most Amazon layoffs.

How many employees does Amazon have?

As of October 2022, Amazon employed over 1.5 million people.

What is Amazon is saying about the Amazon layoffs?

In his Jan. 4 note, Jassy stated that affected employees will get separation money, transitional health insurance, and external job placement support.

“Amazon will survive uncertain and challenging economies. These improvements will let us explore long-term possibilities with a stronger cost structure, “added. “I’m confident that we’ll be imaginative, resourceful, and scrappy in this time when we’re not hiring extensively and cutting responsibilities. Long-lived companies have stages. They’re not always hiring.”

Amazon, Microsoft and more tech companies lay off employees

Amazon’s announcement follows Microsoft’s 10,000-person employment reduction through the third quarter of the 2023 fiscal year (ending March 31).

Since the COVID-19 epidemic began in March 2020, Layoffs. FYI has tracked at least 154,000 tech layoffs from over 1,000 companies.

Layoffs.fyi creator Roger Lee recently told USA TODAY that he doesn’t envision layoffs “going away anytime soon.”