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

I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.