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Amazon CEO says job cuts to exceed 18,000 roles
Last edited Thu Jan 5, 2023, 08:21 AM - Edit history (2)
Reuters
Amazon CEO says job cuts to exceed 18,000 roles
Wed, January 4, 2023 at 3:49 PM PST
By Jeffrey Dastin and Uday Sampath Kumar
(Reuters) -Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday.
The layoff decisions, which Amazon will communicate starting Jan. 18, will largely impact the company's e-commerce and human-resources organizations, he said.
The cuts amount to 6% of Amazon's roughly 300,000-person corporate workforce and represent a swift turn for a retailer that recently doubled its base pay ceiling to compete more aggressively for talent.
Amazon has more than 1.5 million workers including warehouse staff, making it America's second-largest private employer after Walmart Inc. ... Its stock rose 2% in after-hours trade.
{snip}
Amazon CEO says job cuts to exceed 18,000 roles
Wed, January 4, 2023 at 3:49 PM PST
By Jeffrey Dastin and Uday Sampath Kumar
(Reuters) -Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday.
The layoff decisions, which Amazon will communicate starting Jan. 18, will largely impact the company's e-commerce and human-resources organizations, he said.
The cuts amount to 6% of Amazon's roughly 300,000-person corporate workforce and represent a swift turn for a retailer that recently doubled its base pay ceiling to compete more aggressively for talent.
Amazon has more than 1.5 million workers including warehouse staff, making it America's second-largest private employer after Walmart Inc. ... Its stock rose 2% in after-hours trade.
{snip}
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