In January, the company terminated 18,000 positions the company’s February financial report showed that the fourth quarter of the fiscal year ending Dec. It’s been a tough first quarter for Amazon’s global team. “The overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers’ lives and Amazon as a whole,” Jassy added.

He noted that after a broad scale-up in the wake of high demand in the pandemic era, the subsequent scale-down and difficult macroeconomic environment were the main factors in the headcount reduction. “This was a difficult decision, but one that we think is best for the company long term,” declared Jassy. Twitch is a live-streaming platform that is often used for gaming.

Most of the affected employees are in the cloud computing, human resources, advertising, and Twitch groups. In a message shared with employees on March 20, CEO Andy Jassy reported that the retail giant plans to axe 9,000 additional positions over the next several weeks. Following a week of upheaval in the banking sector and financial markets, Amazon made waves on Wall Street by announcing another round of layoffs.

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