![]() Industry analysts point to several factors that may have contributed to Amazon's decision to implement this second round of layoffs. Jassy explained, in a recent companywide memo, that the second round of layoffs is justified because some teams were still in the process of finalizing the list of employees to be retrenched. The first round of layoffs in November 2022, were preceded by Amazon CEO Andy Jassy's voluntary reduction offer to employees in the PXT division. Previous Layoffs and Jassy's Announcement ![]() The decision follows Amazon's first round of layoffs earlier this year, which saw the elimination of 18,000 positions mainly in Amazon Stores and PXT. The layoffs, according to a recent report, will impact a wide range of positions across the company, including corporate, warehouse, and even retail roles. ![]() This brutal retrenchment comes as the company seeks to streamline operations and optimize its resources amid an increasingly competitive market landscape. The layoffs will affect the profitable AWS arm, the company's advertising verticals, and the People, Experience, and Technology (PXT) teams, in addition to its video streaming acquisition Twitch.
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