168 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 NJOY Unveils ACE 2.0: Vape Pod with Bluetooth Access Control IBM to acquire Octo, a U.S.-based IT modernization and digital transformation services provider Mixed Outlook for US EV Makers Despite Strong Quarterly Sales Elon Musk’s AI Model ‘Grok’ Aims to Redefine AI Interactions and Become the Next Internet Verb Scientists Dismiss Flat Earth Claims, Explain How Radar Technology Accounts for Earth’s Curvature Toyota Chairman Akio Toyoda Faces Rebuke from Shareholders