RetailUS

Amazon Layoffs

March 2023

Amazon announced a layoff affecting 9,000 employees in March 2023. The company operates in the Retail sector.

People Affected

9,000

Announced Date

Mar 20, 2023

About

Amazon is laying off an additional 9,000 employees in the coming weeks, as announced by CEO Andy Jassy in March 2023. This follows a previous round of 18,000 layoffs from November to January, bringing the total recent cuts to 27,000. The latest reductions will primarily impact the cloud computing (AWS), advertising, human resources, and Twitch units, with about 400 positions being eliminated at Twitch specifically. These layoffs, part of the largest workforce reduction in Amazon's history, aim to streamline costs amid economic uncertainty and slowing growth. The company, which had over 1.6 million employees globally at its peak, is focusing on operating leaner while continuing to invest in key long-term customer experiences.