Amazon will continue layoffs in 2023

The Amazon CEO, Andy Jassyhas informed its employees that layoffs at the company, where around 1.5 million people work, will continue until next year 2023: “Our annual planning process runs into the new year, which means there will be more role reductions as leaders continue to adjust. Those decisions will be shared with affected employees and organizations in early 2023.”.

In a internal letter, jassy has assured that this is the “hardest decision” that he and his team have had to take since it happened to Jeff Bezos as CEO last year. “It is not lost on me, or any of the leaders making these decisions, that these are not just functions that we are eliminating, but people with emotions, ambitions and responsibilities whose lives will be affected”Jassy underlined.

“We have not yet finalized exactly what other functions will be affected (we know there will be reductions in our stores and organizations in the People, Experience and Technology sectors), but each leader will communicate with their respective teams when we have the details defined”has explained jassy.

Last week the company began informing employees in various divisions that they were going to be laid off and, as progress The New York Times, Amazon’s plan is to fire about 10,000 workers. This serious the largest cut in company history and would represent approximately 3% of the corporate employees of Amazon and less than 1% of its global workforce of more than 1.5 million. As reflected by the aforementioned media, the layoffs will focus on devices area of the company, which includes the voice assistant business alexaas well as in the retail and human resources branches.

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Recently, the company also publicly reported that it had decided pause net hires for the next few months due to economic uncertainty. Nevertheless, Amazon it planned to replace workers who left on their own and expand workforces in certain key areas.

Amazon it is the latest company to join the long list of tech companies that have opted for mass layoffs. This month, Goal -parent company of Facebook, Instagram, WhatsApp and Messenger- announced that lay off 11,000 workers13% of its staff; Elon Muskthe new owner of Twitter, laid off half the staff of a workforce of about 7,500 people worldwide.

Amazon closed the first nine months of the year with losses of 3,000 million dollars (2,900 million euros), compared to the profit of 19,041 million (18,408 million euros) for the period from January to September 2021. On its side, the turnover was 172,370 million (166,642 million euros), 1.2% more. Everything indicates that the end of the year will be particularly complex for the US company, since the sales projections for the last quarter of the year are not as expected. Amazon It expects revenues of up to 148,000 million dollars (142,185.5 million euros), well below the 156,000 million dollars (149,871.7 million euros) forecast by analysts.

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