Friday, 15 Nov 2024

Amazon to cut another 9,000 jobs in new round of layoffs

Amazon to cut another 9,000 jobs in new round of layoffs


Amazon to cut another 9,000 jobs in new round of layoffs
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Amazon is to cut 9,000 jobs across its global business, as the second big cull of staff at the online retailer this year.

The company said the cuts would fall mostly in its cloud services, advertising and Twitch livestreaming units. They come more than two months after Amazon announced it had expanded staff-cutting plans to affect more than 18,000 workers. In January it also revealed separate plans to shut three UK warehouses and seven delivery stations, affecting more than 1,200 further jobs.

The company has been systematically cutting back on expenses across the business, announcing earlier this month that it was pausing the construction on part of its second headquarters in Alexandria, Virginia. Amazon has also been slowing down the global expansion of its network of distribution centers, warehouses and other facilities since at least 2022, in some cases scrapping planned projects entirely.

The second round of deep cuts follows a similar move by Meta, the parent company of Facebook, WhatsApp and Instagram. Last week it announced plans to cut a further 10,000 jobs this year and also instituted a hiring freeze, having already announced 11,000 job cuts in November last year.

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