Amazon expands mass layoff project and will lay off 18,000 employees

Amazon expands mass layoff project and will lay off 18,000 employees


The company’s initial plan was to lay off 10,000 people; CEO Andy Jassy spoke about the budget with justification, but without being too specific.

Amazon CEO Andy Jassy said Amazon will lay off 18,000 employees in early 2023. initial plan of the company was to lay off 10,000 employees in the technology, equipment, retail and human resources sectors.




Amazon expands mass layoff project and will lay off 18,000 employees

EDITING. On Jan. 23, 4, Andy Jassy announced via an to send on the Amazon community blog that mass layoffs at the company will begin January 18 and affect approximately 18,000 employees worldwide.

As justification, the executive cited the budget, without being very specific. “Companies that last a long time go through different stages. They’re not in employee expansion mode every year,” he said.

For employees who will be laid off, Jassy said Amazon will offer packages that include “settlement, temporary health insurance benefits, and outside job search support.”

Edition Alexander Orrico

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Source: Terra

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