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Thursday, Nov 21st, 2024
HomeTechAmazon to cut 9,000 more jobs

Amazon to cut 9,000 more jobs

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Amazon plans to cut 9,000 more roles, the company said Monday, adding to a mounting list of layoffs in the tech industry as the sector’s golden age fades.

The e-commerce giant had already announced plans in January to eliminate 18,000 jobs, bringing its total expected cuts to 27,000 roles. The cuts have been a stark contrast to the past decade of explosive growth for the tech industry, and for Amazon in particular.

The Seattle company’s growth boomed during the early years of the pandemic, when people turned to online ordering to avoid leaving their homes. But that rocketing growth has waned for Amazon and other tech giants. Several of them, including Facebook, Google and Microsoft have announced mass layoffs in recent months. (Amazon founder Jeff Bezos owns The Washington Post.)

Amazon said this round of cuts would take place in some of its biggest businesses, including its cloud-computing division Amazon Web Services and its advertising unit, as well as in video game streaming business Twitch and other corporate divisions.

Amazon recently returned a mandatory return to office, which frustrated thousands of employees who joined an internal Slack group to protest the decision.

Earlier this month, the company announced it was pausing construction on its much anticipated second headquarters in Arlington, Va.; it has also closed, canceled, or delayed dozens of other development projects around the country.

Amazon says it is pausing construction at HQ2 in Arlington

CEO Andy Jassy said the latest cuts were decided after business units landed on their priorities for future investment.

“Some may ask why we didn’t announce these role reductions with the ones we announced a couple months ago,” he wrote in an announcement Monday. “The short answer is that not all of the teams were done with their analyses in the late fall; and rather than rush through these assessments without the appropriate diligence, we chose to share these decisions as we’ve made them so people had the information as soon as possible.”

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