Economics/Class Relations

Amazon to lay off 9,000 — just weeks after firing 18,000: ‘This is best for the company’

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Amazon will shed some 9,000 jobs just weeks after it laid off around 18,000 employees, the Seattle-based e-commerce giant told its workers Monday.

Andy Jassy, the CEO of the $1 trillion firm, circulated a memo announcing the latest layoffs will impact 3% of its 282,000-strong corporate workforce.

“This was a difficult decision, but one that we think is best for the company long term,” Jassy wrote in the memo.

Jassy told staffers that most of the cuts will affect positions in the company’s cloud computing division Amazon Web Services, its People experience and Technology unit (PXT), its advertising department, and its Twitch live video streaming division.

Amazon joins other tech giants including Google, Meta, Twitter, and Microsoft that have laid off tens of thousands of employees in recent months due to falling revenue and macroeconomic headwinds spurred by soaring inflation and high interest rates.

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