Amazon extends layoffs till 2023, original target was 10,000 job cuts
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Amazon is amid an annual operating planning review, which entails decision-making about what needs to be changed, according to the CEO.
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Amazon CEO Andy Jassy (The Guardian)
On Thursday, online retail mogul Amazon announced that more roles will be reduced as a result of its annual planning process, as it extends into the next year 2023.
In a letter to employees, Andy Jassy, who became Amazon's CEO in 2021, stated, "Those decisions will be shared with impacted employees and organizations early in 2023."
The CEO stated that Amazon was amid an annual operating planning review, which entails decision-making about what needs to be changed, but the company has not decided still on the number of other roles that may be potentially affected by this decision.
Read more: Bezos' wealth could be halved after Amazon's quarterly report: Reports
A few employees in its devices group were laid off on Wednesday, and according to an inside source knowledgeable on the matter, Amazon still had a range of targets nearly concerning 10,000 job cuts, not sparing its retail division and human resources.
At a time when Amazon founder Jeff Bezos is promising to give away most of his wealth for charity, The New York Times revealed on November 14 that Amazon was planning to cut about 10,000 jobs mainly in corporate and technology roles.
The fourth-wealthiest person in the world said he was “building the capacity to be able to give away this money.” The challenge, he said, is to figure out how to donate a big part of his $124 billion personal fortune.
