Amazon to lay off 9,000 more workers in
addition to earlier cuts
CNBC,
by
Annie Palmer
Original Article
Posted By: Dreadnought,
3/20/2023 11:22:59 AM
Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday.
The cuts are on top of the previously announced layoffs that began in November and extended into January. That round affected more than 18,000 employees. Amazon made the decision to lay off more employees as it looks to streamline costs. It took into account the economy, as well as the "uncertainty that exists in the near future," Jassy said. The company just wrapped up the second phase of its annual budgeting process, referred to internally as "OP2."
"The overriding tenet of our annual planning this year
Reply 1 - Posted by:
zephyrgirl 3/20/2023 11:26:45 AM (No. 1429422)
But, but, but, according to the Biden Administration, the economy is in great shape.
32 people like this.
Reply 2 - Posted by:
anniebc 3/20/2023 11:50:19 AM (No. 1429433)
Somebody's not getting enough of your taxpayer dollars and government benefits to run their businesses.
20 people like this.
Reply 3 - Posted by:
LC Chihuahua 3/20/2023 11:51:09 AM (No. 1429434)
Another company not worth its Wall Street evaluation.
These clowns are fools for believing their own hype.
17 people like this.
Reply 4 - Posted by:
danu 3/20/2023 12:08:11 PM (No. 1429459)
so, jeff b picked his pal to be CEO, in charge of destroying amazon? some friend. he's been a disaster.
10 people like this.
Reply 5 - Posted by:
Lawsy0 3/20/2023 12:18:04 PM (No. 1429469)
Wanna know what would be a real hoot? If all the Amazon Prime members dropped their memberships on the same day. (At $139 per year per household.)
19 people like this.
Reply 6 - Posted by:
Nimby 3/20/2023 12:25:33 PM (No. 1429481)
Who are the AWS employees that are being fired? Yet, they are hiring international students fresh out of college to AWS, who are neither residents nor US citizens? This move by Amazon make no sense unless they are hiring cheap labor using H1b visas
19 people like this.
Reply 7 - Posted by:
JHHolliday 3/20/2023 4:23:44 PM (No. 1429661)
Amazon is cutting corners everywhere. I am not saying that they are going broke but they have hundreds of thousands of deceased members and accounts that are no longer used. The interest is no longer what it was when it was fresh and faddish. I think the advertisers are wising up and their advertising isn't drawing the customers.
Another "tell". I have been an Amazon Prime customer for years. At first, their free shipping made it worthwhile, but lately I have noticed that their products are priced higher than other online businesses. If you go directly to the manufacturer's website, you usually pay shipping. Amazon's price for the same product is roughly higher and matching the shipping price. They are burying the shipping cost in the product price. It indicates to me that the bloom is off the Amazon rose and management is scrambling to reduce costs.
24 people like this.
Reply 8 - Posted by:
berthabutt 3/20/2023 4:54:11 PM (No. 1429677)
Boo-hoo. Less of their transit vans blocking travel access thru every neighborhod, everywhere, all-at-once.
7 people like this.
Reply 9 - Posted by:
skacmar 3/20/2023 7:39:32 PM (No. 1429743)
Jeff Bezos can always use the following excuse: Well, you all wanted Biden and the Democrats to have billionaires and corporations to pay their "fair share" in taxes. This is what happens when you charge corporations and the wealthy excessive tax rates. People lose their jobs due to less money available to expand the company, for wages, benefits, leading to less employee retention. This also leads to people having less money to spend on the products and services that we sell. This leads to us needing less employees and products to sell. This leads to even further layoffs. You got you higher taxes on corporations and "the rich". You also got yourselves taxed right out of your jobs and a weaker economy. Hope you are all happy. oh, and I am still rich...
14 people like this.
Reply 10 - Posted by:
DVC 3/20/2023 8:28:34 PM (No. 1429781)
I continue to not use Amazon because I despise Bezos.
11 people like this.
Reply 11 - Posted by:
Old Army Vet 3/21/2023 3:51:58 AM (No. 1429881)
Thank you AOC, jackass.
11 people like this.
Reply 12 - Posted by:
mifla 3/21/2023 6:24:51 AM (No. 1429916)
Soon to be followed by the implementation of a $100 minimum purchase requirement.
8 people like this.
Reply 13 - Posted by:
Dodge Boy 3/21/2023 8:16:56 AM (No. 1429940)
So far, these cuts amount to 1.7 percent of amazon's workforce. Hard to imagine what 1.6 million employees spend their time doing in this age of automation and technology.
By the way, there is still no Prime account at this household.
7 people like this.
Reply 14 - Posted by:
Zigrid 3/21/2023 12:11:49 PM (No. 1430129)
I've said it many times before...shop locally and use U.S. cash....don't use credit cards so your movements can be scrutinized by amazon and google...it's up to you to make a difference....
8 people like this.
Reply 15 - Posted by:
udanja99 3/21/2023 1:13:00 PM (No. 1430173)
Hey, ex-Amazon employees, don’t forget to thank the guy you voted for! Elections have consequences and Dementia Joe just handed these consequences to you. Enjoy the s@ck.
3 people like this.
Reply 16 - Posted by:
Omen55 3/21/2023 3:32:26 PM (No. 1430253)
Google,Amazon & Facebook go on a hiring spree only to cut them down.
At least Disney has the excuse of lousy movies.
0 people like this.
Reply 17 - Posted by:
mk213 3/21/2023 4:31:13 PM (No. 1430282)
What they aren't disclosing is the number of hires they WON'T be making, the number of employees quitting and the number of departments and programs they are terminating. Clearly, that number vastly exceeds 9,000. Likely closer to 100,000.
0 people like this.
Reply 18 - Posted by:
Strike3 3/21/2023 6:17:48 PM (No. 1430366)
Could a Leftist, Communist Crook like Bezos possibly make the connection between the many deliberate errors of the Biden administration that caused massive inflation and crippled sales? I'm guessing no. Conservative policy may cause some inconvenience to those who do not care about humanity but progressive policy inconveniences and cheats everybody.
0 people like this.
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