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Amazon has announced a new wave of cuts

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Amazon announced another 9,000 job cuts and reported that the company’s shares fell 1.8%.

The world’s largest US e-commerce platform Amazon has announced that it will cut another 9,000 jobs. This was reported by Reuters.

“Given the economic uncertainties we are living in and the uncertainties that exist in the near future, we have decided to take a more rational approach to our costs and headcount,” the Amazon CEO said in a statement.

The layoffs will reportedly affect Amazon Web Services, HR, advertising, and Twitch’s live streaming service, among others.

Dan Clancy, appointed CEO of Twitch last week, said the platform will lay off more than 400 employees.

It was also noted that the company’s shares fell by 1.8%.

Remember that at the beginning of the year it was reported that Amazon will lay off more than 18 thousand employees.

Amazon announced a massive layoff last fall.

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Source: korrespondent

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