Due to “the uncertain economy” and the fact that the online retail behemoth “hired swiftly” during the pandemic, Amazon stated on Wednesday that it will be cutting more than 18,000 jobs from its workforce.
“Between the reductions we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles,” said CEO Andy Jassy in a statement to his staff. The company announced 10,000 layoffs in November last year.
The company’s management, according to Jassey, is “fully aware that these role eliminations are distressing for people, and we don’t take these decisions lightly.” There would be some layoffs in Europe. Jassey said, adding that beginning on January 18, the affected employees would be informed.
He claimed that the reason for the abrupt revelation was “because one of our teammates exposed this information abroad.” The retailer has in fact doubled its global workforce between the beginning of 2020 and the beginning of 2022 by hiring with fury during the pandemic to satisfy an explosion in demand for deliveries.
Without seasonal staff hired at times of high activity, such as the holiday season, the business had 1.54 million employees worldwide at the end of September. “Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,” Jassy added.
Also Read: Gold Prices At Record High In Global, Local Market, Trend To Continue