Another Month, Another Round Of Amazon Job Layoffs

Amazon just announced plans to cut another 9,000 positions, its second round of mass layoffs in recent months. The announcement comes just months after Amazon eliminated about 18,000 positions. The company will be targeting roles in its cloud computing unit, human resources division, advertising and Twitch, according to a letter to employees from CEO Andy Jassy. After a burst of hiring sprees in the early days of the pandemic, rising interest rates have pushed a number of tech giants to trim staff. Facebook parent company Meta earlier this month announced plans to lay off another 10,000 workers after cutting 11,000 employees in 2022, and Google in January said it would be eliminating roughly 12,000 jobs. Click Here To Read More.

Source: USA Today