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Amazon says it will lay off another 9,000 workers
The Hill ^ | 03/20/2023 | LAUREN SFORZA

Posted on 03/20/2023 8:39:51 AM PDT by ChicagoConservative27

Amazon CEO Andy Jassy announced Monday that the company will be laying off another 9,000 employees, marking the second round of significant layoffs this year.

These cuts are in addition to the 18,000 layoffs Jassy announced in January, which had started in November. Jassy said in a memo to employees on Monday that most of the cuts will affect Amazon Web Services, Amazon’s People Experience and Technology Solutions, advertising, and Twitch, which is a video live-streaming service.

“For several years leading up to this one, most of our businesses added a significant amount of headcount,” Jassy wrote in a memo to employees. “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,” he added.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events; Your Opinion/Questions
KEYWORDS: amazon; bideneffect; bidenomics; h1b; lay; off; workers
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But but the economy is roaring! (S)
1 posted on 03/20/2023 8:39:51 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Schadenfreude anyone?...................


2 posted on 03/20/2023 8:40:49 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: ChicagoConservative27

Is this why my orders are taking ever longer to arrive?


3 posted on 03/20/2023 8:42:40 AM PDT by Blurb2350 (posted from my 1500-watt blow dryer)
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To: ChicagoConservative27

Yes, but we need another lockdown right away!


4 posted on 03/20/2023 8:43:54 AM PDT by Tommy Revolts
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To: Red Badger

Learn to code!


5 posted on 03/20/2023 8:44:36 AM PDT by oldplayer
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To: ChicagoConservative27

AWS too - just a natural cycle of over expansion.


6 posted on 03/20/2023 8:46:45 AM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: ChicagoConservative27

People aren’t impulse buying anymore and shopping locally.


7 posted on 03/20/2023 8:52:08 AM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. (Psalm 33:12))
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To: ChicagoConservative27

“This made sense given what was happening in our businesses and the economy as a whole.”
Trump

However, given the uncertain economy in which we reside, and the uncertainty that exists.
Biden


8 posted on 03/20/2023 8:55:52 AM PDT by Vaduz (LAWYERS )
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To: ChicagoConservative27

They just went on a hiring and warehouse building binge since COVID. The thought was that the “Order In” economy was here to stay. I guess nothing lasts forever.


9 posted on 03/20/2023 8:57:05 AM PDT by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
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To: Opinionated Blowhard

But Biden stated our economy was booming!!!


10 posted on 03/20/2023 9:08:23 AM PDT by himno hero (had'nff)
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To: ChicagoConservative27
So let me get this straight Mr Biden...

You lost another 9000 jobs?

11 posted on 03/20/2023 9:12:08 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: ChicagoConservative27

Has Amazon already let go all the DEI and diversity consultants and managers?


12 posted on 03/20/2023 9:16:39 AM PDT by Rummyfan (In any war between the civilized man and the savage, support the civilized of man.)
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To: Red Badger

Layoffs in a recession is a good thing. It is the means companies use to cut excess employees and restructure their fixed costs. Usually, layoffs come in at the bottom of a recession.

Amazon remodeled a plaza down the street to build an Amazon Fresh grocery store. Now, I understand it may be on hold after they spent 100’s of thousands rebuilding this structure.


13 posted on 03/20/2023 9:16:47 AM PDT by woodbutcher1963 ( )
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To: Magnum44

We aren’t ordering as much. We’re tightening our belts due to inflation and the big tax bill we’re likely to have to pay here in April.

How about lower our taxes and do something about inflation? Maybe then you’ll see your orders coming back.

When we pay over a third of our income in taxes ...well, it limits you a bit.


14 posted on 03/20/2023 9:18:21 AM PDT by LibsRJerks
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To: ChicagoConservative27

When the union thugs start coming around and buying politicians, people start getting laid off. All of the new commie governors (Michigan, Arizona, etc.) are all trying to outlaw “the right to work state” designation. The union bitches don’t want you working unless they get their cut of your paycheck.


15 posted on 03/20/2023 9:23:25 AM PDT by FlingWingFlyer ("Elections have consequences, stolen elections have catastrophes." - J.B. Shurk)
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To: ChicagoConservative27

How many tech layoffs in the last 6 months?


16 posted on 03/20/2023 9:25:18 AM PDT by redgolum (If this is civilization, I will be the barbarian. )
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To: ChicagoConservative27

That’s why the banks are still safe./s


17 posted on 03/20/2023 9:27:18 AM PDT by Eleutheria5 (Every Goliath has his David. )
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To: ChicagoConservative27

The economy is in great shape! Best economy ever! Just ask The Hill, Politico, CNN, WaPo, and NYT’s. And of course, Joe Biden!


18 posted on 03/20/2023 9:27:56 AM PDT by CFW (old and retired)
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To: ChicagoConservative27

Anytime they get rid of HR people is a good day.


19 posted on 03/20/2023 9:34:57 AM PDT by ImJustAnotherOkie
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To: Opinionated Blowhard

They halted construction on their Amazon 2 headquarters in Arlington VA. I had no doubt 5 years ago when learned they were coming to DC that they would never fully open A2. They expanded too quickly, bought While Foods and ruined it, depended on the Pentagon DOD Cloud management system contract which they lost to Microsoft (Thank you Trump!), and provided crappy service overall. Never trusted their business plan. Good riddance.


20 posted on 03/20/2023 9:36:43 AM PDT by vivenne
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