Amazon layoffs to extend into 2023
Reuters
Published Nov 17, 2022 05:23PM ET
Updated Nov 17, 2022 10:07PM ET
(Reuters) - Amazon.com Inc (NASDAQ:AMZN) said on Thursday there would be more role reductions as its annual planning process extends into next year and leaders continue to make adjustments.
"Those decisions will be shared with impacted employees and organizations early in 2023", said Andy Jassy, who became the company's Chief Executive Officer in 2021, in a letter to Amazon employees.
Jassy added the company was in the middle of an annual operating planning review where it was making decisions about what should change in each of its business.
Amazon has not yet decided on how many other roles will be impacted from the move.
The online retailer laid off some employees in its devices group on Wednesday and a person familiar with the matter said the company still targeted around 10,000 job cuts, including in its retail division and human resources.
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Written By: Reuters
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