Amazon has announced that it will slash over 18,000 roles, majorly in the Amazon Stores & PXT (People, Experience, and Technology, HR) departments. The company announced that it is "eliminating roles" as part of its annual planning process for 2023.

The layoff process will be on January 18 and the company CEO Andy Jassy has said that several teams will be impacted. Back in Nov 2022, the company laid off close to 10,000 employees. At the time, members of the Books and Devices teams were mainly impacted.

   

Amazon confirms cutting 18000 jobs, CEO Andy Jassy says several teams impacted

WHAT?

Amazon has announced that it will slash over 18,000 roles, majorly in the Amazon Stores & PXT (People, Experience, and Technology, HR) departments. 

The company announced that it is "eliminating roles" as part of its annual planning process for 2023.

WHEN?

The layoff process will be on January 18 and the company CEO Andy Jassy has said that several teams will be impacted.

MORE

The post highlights that the company will support impacted workers with packages that include a separation payment, transitional health insurance benefits, and external job placement support. Amazon has not shared details about whether more roles will be impacted this year.

Amazon is not the only company taking strict measures to cut costs amid rising inflation and a dwindling economy. It all started with Twitter laying off over 3500 employees in late October following Elon Musk's formal takeover.