Amazon

Amazon says it will cut over 18,000 jobs, more than initially planned

TECH & MEDIA

Amazon has specifically acknowledged that it. Has added workers to warehouses too quickly as customers. Have shifted to online ordering.

Amazon said Wednesday it would cut more. Than 18,000 jobs, a larger number than the e-retailer initially said it would drop last year.

The Wall Street Journal before reported on . The cuts, which Amazon said it had already planned to announce.

“We generally wait to communicate about these findings until. We can speak with the people directly affected,” CEO Andy Jassy wrote in a memo to employees. That the company published on its blog. “But. Since one of our teammates leaked this information externally, we decided it was best to. Share this news first so you can hear the details directly from me.”

Tech companies are picking up in 2023 where. They left off last year, preparing for an extended economic downturn. Salesforce said Wednesday it will cut headcount by 10%, affecting more . Than 7,000 employees. Both Amazon and Salesforce have admitted. That they hired too quickly during the pandemic.

Amazon has specifically acknowledged that it. Has added workers to warehouses too quickly as customers have shifted to. Online ordering.

In November. Jassy said Amazon would end roles including its physical stores and. Its devices and books divisions. CNBC reported at the time that Amazon was looking to lay off about 10,000 of its workers. Now the number is more.

“Amazon has faced uncertain and difficult economies in the past, and we will continue to do so,” Jacey wrote. “These changes will help us pursue our long-term opportunities. With a stronger cost structure. But, I’m also optimistic. That we’ll be innovative, resourceful and dirty during this time. When we’re not hiring broadly and eliminating certain roles.”

Amazon plans to notify employees who will lose. Their jobs starting Jan. 18. Jassy wrote, with most of the cuts coming to stores and the People. Experience and Technology (PXT) group.

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