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Store Manager | nz | Palmerston North
Permanent · PALMERSTON NORTH
By
Reuters API
Published
Mar 20, 2023
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Amazon to lay off 9,000 more workers

By
Reuters API
Published
Mar 20, 2023

Amazon.com Inc on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes.


Reuters


Last week, Facebook-parent Meta Platforms said it would cut 10,000 jobs this year, following the first mass layoff in the fall, which eliminated more than 11,000 jobs.

In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9% of its roughly 300,000-person corporate workforce.

The latest slashing focuses on Amazon's highly-profitable cloud and advertising divisions, once seen as untouchable until economic concerns led business customers to scrutinize their spending.

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