Amazon is cutting 9,000 more jobs, CEO Andy Jassy announced Monday in a memo to staff.
The latest cuts come after the company announced earlier this year that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant.
Jassy said the fresh round of job cuts will take place in the coming weeks, and will mostly impact people working in the following divisions: Amazon Web Services, People Experience and Technology (PXT), advertising and Twitch.
โThis was a difficult decision, but one that we think is best for the company long term,โ Jassy wrote in the memo.
โSome may ask why we didnโt announce these role reductions with the ones we announced a couple months ago,โ Jassy added. โThe short answer is that not all of the teams were done with their analyses in the late fall; and rather than rush through these assessments without the appropriate diligence, we chose to share these decisions as weโve made them so people had the information as soon as possible.โ
The latest layoffs at Amazon come amid a spate of job cuts in the technology industry in recent months, as the sector confronts a whiplash in pandemic-induced demand for digital goods and services and broader macroeconomic uncertainty.
Amazon, like a number of other Big Tech companies, also rapidly grew its headcount during the early days of the pandemic. Jassy wrote on Monday that the hiring โmade sense given what was happening in our businesses and the economy as a whole.โ โHowever, given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,โ he added.
In a separate memo to Twitch staffers on Monday, Twitch CEO Dan Clancy confirmed that the Amazon-owned livestreaming platform was letting go of some 400 employees.
โLike many companies, our business has been impacted by the current macroeconomic environment, and user and revenue growth has not kept pace with our expectations,โ Clancy wrote. โIn order to run our business sustainably, weโve made the very difficult decision to shrink the size of our workforce.โ
Just last week, Facebook-parent Meta said it was laying off an additional 10,000 workers, on top of the 11,000 job cuts announced late last year. (CNN)