One Of Largest Employers - Amazon Announces Massive Layoffs & 'Uncertain Economy

[G.L.R.]

Amazon Announces Massive, Unprecedented Layoffs, Citing 'Uncertain Economy'

January 5, 2023

Retail titan Amazon has begun the new year with some awful news: a historic downsizing of its workforce.

Company CEO Andy Jassy said the previously reported layoff totals, pegged to be roughly 10,000 firings back in November, was a woeful underestimate... The CEO then made it abundantly clear why the layoffs were imminent — the state of the economy under President Joe Biden. "This year's review has been more difficult given the uncertain  economy and that we've hired rapidly over the last several years," Jassy  continued. "In November, we communicated the hard decision to eliminate  a number of positions across our Devices and Books businesses, and also announced a voluntary reduction offer for some employees..."

"It's about making things in America again. It's about good jobs. It's  about the dignity of work. It's about respect..."  - Biden

That's when Jassy dropped the hammer. That aforementioned 10,000 figure? It nearly doubled... Jassy said Amazon is "deeply aware that these role eliminations are difficult for people, and we don't take these decisions lightly or underestimate how much they might affect the lives of those who are impacted."  The New York Times, meanwhile, reported this is the largest group of layoffs in the tech industry in recent months. That's significant given the firings that have rocked the sector in recent years... And yet Amazon might have taken the worst blow of them all. The Jeff Bezos-owned conglomerate has been facing a variety of issues for some time now. Responding to some initial unionization in November, the company shortly revealed a new-co-worker for all those freshly unionized employees... the 18,000 layoffs amount to the largest single instance of downsizing in Amazon's history.

Amazon Announces Massive, Unprecedented Layoffs, Citing 'Uncertain Economy'
https://www.thegatewaypundit.com/2023/01/amazon-announces-massive-unprecedented-layoffs-citing-uncertain-economy