plans to cut more than 9,000 jobs in the next few weeks after layoffs for the second time in the last three months.
The job cuts will primarily affect PXT (people experience and technology), AWS, Twitch, and advertising, CEO Andy Jassy said in a note to employees posted on the company’s blog.
“This was a difficult decision, but we believe it’s best for the company in the long run,” the blog read.
The recent job cuts are in addition to the planned layoffs of 18,000 employees the e-commerce company announced in January.
“A key tenet of this year’s annual plan was to slim down so that we can continue to invest heavily in key long-term customer experiences that we believe can meaningfully improve customer lives and Amazon as a whole. ” he added.
Both layoffs were made as part of the company’s annual planning process. Leaders across the company work with their teams to determine what investments to make for the future, prioritizing what matters most to customers and the long-term health of the company’s business.
The company’s global workforce has grown from 798,000 in the fourth quarter of 2019 to 1.6 million by the end of 2021.
Amazon saw a surge in advertising revenue in its third quarter earnings, reaching $11.6 billion, a 23% increase over the previous year.
The e-commerce company did not publicize these role reductions in January’s layoffs.
“The team completed its analysis in late fall. Rather than rushing these assessments without due diligence, we have chosen to share these decisions so that people have the information as soon as possible.” I did,” said Jassy. on her blog.