Amazon is cutting another 9,000 jobs, CEO Andy Jassi said Monday in a staff memo.
The latest cuts come after the company announced earlier this year that it would be eliminating about 18,000 job openings as part of a major cost-cutting proposal for the e-commerce giant.
Yassy said a new round of job cuts will occur in the coming weeks and will mainly affect people working in the following divisions: Amazon Web Services, People Experience and Technology (PXT), Advertising and Twitch.
“This was a difficult decision, but we believe it is best for the company in the long term,” Yassi wrote in a memo.
“Some may ask why we didn’t announce these cuts that we announced a couple of months ago,” Yassi added. “The short answer is that not all teams completed their analysis in late fall; and instead of rushing through these assessments without due diligence, we decided to share these decisions as we made them so that people get informed as soon as possible.”
The latest layoffs at Amazon come amid tech job cuts in recent months as the sector faces a pandemic-driven surge in demand for digital goods and services and broader macroeconomic uncertainty.
Amazon, like a number of other big tech companies, also quickly increased its headcount in the early days of the pandemic. Yassy wrote on Monday that the hiring “makes sense given what’s going on in our business and the broader economy.” “However, given the uncertainty of the economy we live in and the uncertainty that exists in the near future, we have decided to be more rational in our spending and headcount,” he added.
In a separate note to Twitch employees on Monday, Twitch CEO Dan Clancy confirmed that the Amazon-owned live streaming platform is laying off about 400 employees.
“Like many companies, our business has been impacted by the current macroeconomic environment and user and revenue growth has not been in line with our expectations,” Clancy wrote. “In order to run our business sustainably, we have made the very difficult decision to downsize our workforce.”
Just last week, parent company Facebook Meta said it was laying off another 10,000 employees on top of the 11,000 layoffs announced late last year.