STORY: Online retail behemoth Amazon on Monday said it would cut 9,000 more jobs…
making it the latest Big Tech company to announce a second round of layoffs in the face of a possible recession.
In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9% of its corporate jobs…
The move comes as other tech giants are also slashing jobs after a pandemic-led hiring spree…
Microsoft, Salesforce, Alphabet, and Facebook-parent Meta have all cut their payrolls in recent months.
Amazon follows Meta in becoming the second bellwether to announce a second round of cuts.
In a statement posted on the company’s website, CEO Andy Jassy wrote (quote):
“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 …