Amazon will continue to lay off people for next year

The executive director of Amazon, Andy Jassyinformed his employees in a letter that the layoffs at his company – where they work 1.5 million people and is one of the largest employers in the United States – it will continue into the next year.

This week, the company began notifying employees in various divisions that they would be laid off, and according to the New York Times, Amazon’s plan is to lay off about 10,000 workers.

In an internal letter to which the specialized media CNBC had access, Jassy underlined that this staff cut was “the hardest choice” that the company has taken on in recent years.

“It does not escape me or any of the leaders making these decisions that these are not just jobs we are eliminating, but people with emotions, ambitions and responsibilities whose lives will be impacted,” he noted.

Jassy said the layoffs will extend through 2023 as the company is still in the midst of its annual operational planning process.

“We are not yet finalized exactly what other features will be affected (we know there will be reductions in our stores and organizations of People, Experience and Technology sectors), but each leader will communicate with their respective teams when we have finalized the details”.

On Wednesday, the same outlet leaked a letter from Amazon’s hardware chief Dave Limp announcing the layoffs of some employees at its manufacturing unit. devices and services.

Amazon is the latest company to join the long list of tech companies that have opted for mass layoffs.

This month, Meta — the parent company of Facebook, Instagram, WhatsApp and Messenger — announced it would lay off 11,000 workers, 13% of its workforce; Elon Muskthe richest man in the world and new owner of Twitter, has laid off half the staff of a workforce of about 7,500 people worldwide.

While shared rental car company Lyft said it would cut the 13% of its employees and Stripe, a payment processing platform, said it would remove 14.

10 thousand workers, out

As learned this week, Amazon plans to lay off around 10,000 workers, teased the New York Times, and could join a long list of US tech companies including Meta, Twitter, Lyft, Robinhood and Coinbase.

This would be the largest cut in company history and would represent about 3% of Amazon’s corporate employees and less than 1% of its global workforce of more than 1.5 million.

The cuts will affect Amazon’s device organization, including its Alexa voice assistant, as well as its retail and human resources division, noted the sources, who spoke to the outlet on condition of anonymity.

Online shopping giant Amazon – one of the country’s biggest employers – has yet to formalize the layoff, but said two weeks ago it had decided to suspend company hiring because the economy was “in an uncertain state”.

Layoffs are a trend sweeping across all trades, with half of US companies downsizing or planning to downsize, according to a survey conducted last month by 700 executives and board members from various industries.

According to data obtained by the consulting firm, 51% of respondents have started layoffs or are planning to start layoffs, and their impact is starting to be felt in the tech companies that have thrived during the pandemic, especially social networks and online sales. now they feel the post-pandemic retreat.