Amazon plans new wave of layoffs
Amazon announced another 9,000 job cuts and reported that the company’s shares fell 1.8%.
The world’s largest US e-commerce platform Amazon has announced that it will cut another 9,000 jobs. It is reported by Reuters.
“Given the uncertainty in the economy we live in and the uncertainties that exist in the near future, we have decided to take a more rational approach to our costs and headcount,” the Amazon CEO said in a statement.
It is reported that layoffs, in particular, will affect the departments of Amazon Web Services, HR, advertising and live streaming service Twitch.
Dan Clancy, appointed CEO of Twitch last week, said the platform will lay off more than 400 employees.
It is also noted that the company’s shares fell by 1.8%.
Recall that at the beginning of the year it was reported that Amazon will lay off more than 18 thousand employees.
Amazon announced a massive layoff of employees last fall.
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