Amazon Cutting Another 9,000 Jobs

Amazon is cutting another 9,000 jobs, chief executive Andy Jassy wrote to employees in a memo on Monday. The move, which impacts roles in AWS, PXT, Advertising and Twitch, comes weeks after the e-commerce group said it would eliminate 18,000 jobs. Jassy: As part of our annual planning process, leaders across the company work with their teams to decide what investments they want to make for the future, prioritizing what matters most to customers and the long-term health of our businesses. For several years leading up to this one, most of our businesses added a significant amount of headcount. This made sense given what was happening in our businesses and the economy as a whole. However, 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. The overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers' lives and Amazon as a whole.

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