Amazon CEO says there will be more layoffs in 2023

Andy Jassy, ​​CEO of e-commerce giant Amazon, wrote in a memo to employees on Thursday that the company will continue layoffs in the coming year. Amazon began layoffs this week, notifying workers in some divisions, including devices and services. Amazon plans to cut about 10,000 jobs, although the total number of affected employees is still changing. The layoffs come as Amazon grapples with a deteriorating economy, slowing growth in some divisions, and a surge in headcount during the pandemic.

Jassy said the layoffs will continue through 2023, as the company is still in the annual planning process and managers across divisions are still determining the need for further layoffs. These decisions will be shared with affected employees and organizations in early 2023, but when we finalize the details, each principal will communicate with their respective teams.

He wrote emotionally in the memo, I have been in the position of CEO for about a year and a half. There is no doubt that this is the most difficult decision we have made in this period. I stand with anyone who makes these decisions. leaders understand that it's not just these jobs that we're eliminating, it's the people who have the emotions, the ambitions, the responsibilities, and their lives will be affected.