December 4, 2022

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Amazon layoffs to last until 2023 By Reuters

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©Reuters. FILE PHOTO: Amazon boxes are seen stacked for delivery in the borough of Manhattan in New York City on January 29, 2016. REUTERS/Mike Segar/File Photo

(Reuters) – Amazon.com Inc (NASDAQ:) on Thursday said there would be more job cuts as the annual planning process stretches into next year and executives continue to make adjustments.

“These decisions will be communicated to affected employees and organizations in early 2023,” Andy Jassy, ​​who became the company’s chief executive officer in 2021, said in a letter to Amazon employees.

Jassy added the company is in the midst of an annual operational plan review, during which decisions will be made about what should change in each of its businesses.

Amazon hasn’t yet decided how many other roles will be affected by the move.

The online retailer laid off some employees at its equipment group on Wednesday, and a person familiar with the matter said the company is still targeting around 10,000 job cuts, including in its retail division and human resources.

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