Amazon to Cut About 9,000 Jobs in New Cost-Saving Round

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In the latest update on staffing, Amazon is set to reduce its workforce by about 9,000 roles in the upcoming weeks as part of a broader effort to tighten costs. This information comes from a recent CNBC report that highlights the company’s ongoing cost-control measures.

This marks the second major round of layoffs after the first wave began in late 2022 and continued through early 2023. During that initial phase, the company slashed more than 18,000 jobs across various divisions, signaling a substantial strategic pivot during a period of economic uncertainty.

The forthcoming reductions are expected to impact several key business areas. Primary attention will likely fall on teams responsible for cloud platform services, the Twitch streaming network, the advertising arm, and portions of the human resources organization. These sectors were singled out as focal points for efficiency improvements in the latest plan.

Amazon’s leadership summarized the move by stating that the workforce adjustment is aimed at lowering overall costs while preserving operational effectiveness. The decision followed a thorough assessment of global economic conditions and an awareness of the unpredictable landscape ahead, according to statements reported by CNBC, attributed to the company’s chief executive.

From the remarks, it appears 2023 could see a continued contraction in certain parts of the business, paired with sustained or improved efficiency in others. The emphasis seems to be on maintaining output and customer experience while aligning headcount with demand and market conditions.

In related tech industry news, Apple reportedly paused development on a new HomePod with a screen. The move appeared to be a cost-saving measure intended to reduce potential layoffs and preserve capital for other priorities within the company, reflecting a broader pattern seen across large technology firms adjusting to a slower growth environment.

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