Amazon To Cut 18,000 Jobs In Latest Wave Of Tech Layoffs
The Independent|January 06, 2023
Amazon is planning to cut more than 18,000 jobs in an attempt to reshape its business, while at least two other major tech companies announced layoffs in an effort to cut costs.
Vishwam Sankaran Alastair Jamieson
Amazon To Cut 18,000 Jobs In Latest Wave Of Tech Layoffs

Andy Jassy, who took over as chief executive from founder Jeff Bezos in July 2021, said in a note to employees that the redundancies "will help us pursue our long-term opportunities with a stronger cost structure". Mr Jassy also cited "the uncertain economy" for the move and said Amazon had "hired rapidly over the last several years". It is understood the company's biggest-ever set of layoffs will include staff across UK and Europe, but the firm has not given details.

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