Amazon CEO Andy Jassy says layoffs will continue into next year

TL;DR

Amazon is aiming to lay off about 10,000 employees, though the total number of impacted workers remains fluid, a person familiar with the matter previously told CNBC.The cuts are being made as Amazon reckons with a worsening economy, which has slowed growth in some divisions and after its headcount ballooned during the pandemic.Leaders across the company are working with their teams and looking at their workforce levels, investments they want to make in the future, and prioritizing what matters most to customers and the long-term health of our businesses.Yesterday, we communicated the difficult decision to eliminate a number of positions across our Devices and Books businesses, and also announced a voluntary reduction offer for some employees in our People, Experience, and Technology (PXT) organization.We are working to support those who are affected and trying to help them find new roles on teams that have a need; and in cases where that's not possible, we are offering packages that include a separation payment, transitional health insurance benefits, and external job placement support."

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