According to a memorandum from CEO Andy Jassy, Amazon will cut 9,000 more positions in upcoming weeks. This mass layoff follows the first round of job cuts which began this past November and culminated in January, affecting over 18,000 employees. The current downsizing is predicted to involve human resources, advertising, Amazon Web Services (AWS), and Twitch.
Jassy acknowledged the “uncertain economy” as the basis for the additional layoffs and announced that the company has “chosen to be more streamlined in our costs and headcount.”
The memo goes on to state, “the overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers’ lives and Amazon as a whole.” The company recently concluded “OP2” which refers to the internal classification for phase two of its annual budgeting process.
Employees to be cut by affected departments have not been determined yet, according to the memo. Amazon’s objective is to finalize these decisions by mid to late April, followed by employee notifications. Severance pay, job placement support, and interim health insurance will be allocated to impacted employees.
While it has not been confirmed to be in relation to the layoffs, the announcement comes days after Emmett Shear’s transition from Twitch CEO to an advisory role within the company.
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