• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors

Amazon to cut another 9,000 jobs in second round of layoffs 

Samson Akintaro by Samson Akintaro
March 21, 2023
in Sectors, Tech News
Amazon to cut another 9,000 jobs in second round of layoffs 

Amazon’s CEO, Andy Jassy,

Share on FacebookShare on TwitterShare on Linkedin

Key Highlights

  • Barely 2 months after it laid off 18,000, Amazon is set to let go another 9,000 of its employees. 
  • While the January layoffs affected most people in Amazon Stores, the latest round will affect all its operating units, including AWS. 
  • The company blames its decision on economic uncertainties. 

Tech giant, Amazon, has said it will eliminate 9,000 more positions in the company as it continues to battle for survival in the face of a tough economy.

The company, which sacked 18,000 earlier this January said the latest layoffs will affect all its operating units including AWS, PXT, Advertising, and Twitch. 

In a memo to the company’s staff shared on its website, Amazon’s CEO, Andy Jassy said the decision was a difficult one but the “best for the company long term.” He said that most of the company’s businesses had added a significant amount of headcount for several years leading to this time. 

RelatedStories

Jeff Bezos sells $737 million worth of Amazon stocks in first major sale of 2025 

Jeff Bezos sells $737 million worth of Amazon stocks in first major sale of 2025 

July 2, 2025
MacKenzie Scott,

Bezos’s ex-wife, MacKenzie Scott, is $3.69 billion poorer in 2025 

May 11, 2025

Uncertain economy: While noting that the increase in headcount in the past was the right decision because of what was happening in the businesses and the economy as a whole during that period, Jassy said: 

  • “However, given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount.  
  • “The overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers’ lives and Amazon as a whole.” 
  • “As our internal businesses evaluated what customers most care about, they made re-prioritization decisions that sometimes led to role reductions, sometimes led to moving people from one initiative to another, and sometimes led to new openings where we don’t have the right skills match from our existing team members.  
  • This initially led us to eliminate 18,000 positions (which we shared in January); and, as we completed the second phase of our planning this month, it led us to these additional 9,000 role reductions (though you will see limited hiring in some of our businesses in strategic areas where we’ve prioritized allocating more resources),” he added. 

Why the layoffs are in batches: Explaining why the company did not announce all the role reductions in January when it announced 18,000, Jassy said the teams were still analysing their staff needs at that time and the company chose to announce those that had been concluded at that time. so that the people could have the information as soon as possible.  

  • “The same is true for this note as the impacted teams are not yet finished making final decisions on precisely which roles will be impacted. Once those decisions have been made (our goal is to have this complete by mid to late April), we will communicate with the impacted employees (or where applicable in Europe, with employee representative bodies). We will, of course, support those we have to let go, and will provide packages that include a separation payment, transitional health insurance benefits, and external job placement support,” he said. 

In November last year, Jassy said Amazon would eliminate roles, including at its physical stores and in its devices and books divisions. At the time, it was reported that Amazon was looking to lay off around 10,000 of its employees. The figure later came out higher at 18,000 when it was eventually announced in January this year. The latest round brings the total layoffs by Amazon to 27,000 in less than 3 months.  

Meanwhile, Amazon is not the only one having a second headcount reduction. Meta, the parent company of Facebook, WhatsApp, and Instagram, had also earlier this month announced a second round of layoffs that affected 10,000 employees. This came barely 4 months after it cut 11,000 jobs in November last year.  


Follow us for Breaking News and Market Intelligence.
Tags: AmazonAndy Jassy
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

Jeff Bezos sells $737 million worth of Amazon stocks in first major sale of 2025 
Billionaire Watch

Jeff Bezos sells $737 million worth of Amazon stocks in first major sale of 2025 

July 2, 2025
MacKenzie Scott,
Billionaire Watch

Bezos’s ex-wife, MacKenzie Scott, is $3.69 billion poorer in 2025 

May 11, 2025
TikTok , Italy
Sectors

Amazon, OnlyFans founder join race to acquire TikTok as April 5 deadline nears 

April 3, 2025
Billionaire Jeff Bezos’s Blue Origin sacks 10% of workforce to cut cost 
Billionaire Watch

Billionaire Jeff Bezos’s Blue Origin sacks 10% of workforce to cut cost 

February 14, 2025
Amazon confirms it will cut over 18,000 jobs
Sectors

Amazon considers advertising on X after 12-month hiatus

February 1, 2025
Amazon, Microsoft, and Meta kick against new rule limiting global access to AI chips 
Sectors

Amazon, Microsoft, and Meta kick against new rule limiting global access to AI chips 

January 8, 2025
Next Post
To reduce food prices by 50% or achieve $50 billion annual revenue through agric exports?

Nigeria spends N6.7 trillion importing Agricultural products in 5 years

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document
  • Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC
  • Oyo State approves N7.7 billion for two surveillance aircraft to combat insecurity 

Follow us on social media:

Recent News

IGP prosecutes Nigerian businessmen over alleged N13.5 billion forex fraud dispute  

IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document

July 9, 2025
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC 

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics