Amazon News Desk!!! Amazon CEO Andy Jassy again defended massive layoffs at the company, saying we feel like we need to streamline our costs. Jesse cited economic uncertainty to justify the massive layoffs at the New York Times DealBook Summit. According to Fortune’s report, Jesse said during the event in the US that Amazon’s retail business grew rapidly in the early days of the epidemic and it allowed us to spend a lot of money at that time and make decisions very quickly in building infrastructure. Forced, which we had never even imagined. Amazon CEO said, we knew we could do overbuilding. While Amazon hasn’t disclosed the number, earlier reports said the company would lay off around 10,000 employees across its devices, retail and human resources departments. Earlier this month, JC warned employees that there could be more layoffs at the company as early as 2023 as leaders continue to make adjustments. The e-commerce giant publicly confirmed some layoffs, and JC has announced more layoffs will follow as Amazon’s annual planning process stretches into the new year.
Those decisions will be shared with affected employees and organizations in early 2023, he said in a statement. Amazon will prioritize communicating directly with affected employees before making broad public or internal announcements. The review is more difficult due to the fact that the economy is in challenging shape and we’ve hired people rapidly over the last several years. The massive job cuts have particularly affected several divisions, including the Alexa virtual assistant business and the Luna cloud gaming unit.