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Amazon CEO Andy Jassy said the second phase of the company's annual planning process completed this month and led to the additional job cuts but added that the company will still hire in some strategic areas.
In a fresh round of layoffs, Amazon has announced to cut 9,000 more jobs in the next few weeks, company's chief executive officer Andy Jassy said in a memo to staff on Monday. As per the announcement, this round of layoffs will hit its cloud computing unit AWS, its advertising business, the gaming platform Twitch which Amazon owns, and its PXT organisations, which handle human resources and other functions.
The layoff would mark the second largest round of job cuts after the company began layoffs in November last year, which extended to January, affecting over 18,000 employees in that round. The company just wrapped up the second phase of its annual budgeting process, referred to internally as "OP2."
"As we’ve just concluded the second phase of our operating plan (“OP2”) this past week, I’m writing to share that we intend to eliminate about 9,000 more positions in the next few weeks—mostly in AWS, PXT, Advertising, and Twitch. This was a difficult decision, but one that we think is best for the company long term," Jassy said in the memo, adding that company made the decision to lay off more employees as it looks to streamline costs.