86 Chief Executive Officer Andy Jassy announced the move in a memo to staff Wednesday, saying it followed the company’s annual planning process. Chief Executive Officer Andy Jassy announced the move in a memo to staff Wednesday, saying it followed the company’s annual planning process. The cuts, which began last year, were previously expected to affect about 10,000 people. The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like recruiting. “Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,” he said. “These changes will help us pursue our long-term opportunities with a stronger cost structure.” You Might Be Interested In Apple Watch accused of racial bias in blood oxygen sensor US CHIPS Act Poses Threat to Deplete Asian Semiconductor Industry From Penthouse to Prison – Sam Bankman-Fried’s Journey so Far BDO Unibank Strives to Bridge the Gap between Technology and Personal Banking in the Philippines MAS Collaborates with Industry to Create Generative AI Risk Framework Exploring the potential of the Metaverse: A glimpse into the future of online interaction
