Amazon CEO says layoffs will extend into next year
Business News News

Amazon CEO says layoffs will extend into next year

Amazon’s CEO Andy Jassy announced on Thursday that the massive layoffs that began this week will continue into next year. In an internal memo, Jassy stated that on Wednesday, the business informed staff in its electronics and books divisions of impending layoffs.Information Guide Nigeria

He said it also offered some other employees a voluntary buyout offer.“I’ve been in this role now for about a year and a half, and without a doubt, this is the most difficult decision we’ve made during that time (and, we’ve had to make some very tough calls over the past couple of years, particularly during the heart of the pandemic),” Jassy wrote in the memo.

Amazon’s CEO Andy Jassy announced on Thursday that the massive layoffs that began this week will continue into next year. In an internal memo, Jassy stated that on Wednesday, the business informed staff in its electronics and books divisions of impending layoffs.

Other Top Stories:

The company has not disclosed publicly how many employees it laid off this week across its entire corporate workforce; however, some Seattle-based employees have reported being laid off as well.JAMB Result

Jassy stated that the corporation has not yet determined how many other positions will be affected. As the corporation undergoes its yearly assessment process, which will extend into next year, he noted that there will be layoffs in specific divisions.

As they assess employment losses, he stated that firm management will prioritize what matters most to customers and the company’s long-term health. Amazon is providing severance payouts for departing employees. However, unlike Meta, it has not publicly disclosed the package’s contents. The company employs more than 1.5 million workers worldwide, the majority of whom are hourly employees.

Check JAMB Result

Check and Confirm: How much is Dollar to Naira

Emediong Ekpe is a graduate of English. A professional Sports journalist/analyst, and a spoken word artist. He is passionate about decimating information and putting smiles on people's faces via news writing. Whatapp: 08088735884

Related Posts

Nigeria: Govt Says UAE Yet to Lift Visa Ban

Nigeria: Govt Says UAE Yet to Lift Visa Ban

The Federal Government has revealed that the United Arab Emirates, UAE, is yet to lift the visa ban imposed on Nigeria.InformationGuideNigeria Tis is following reports emerged that the…

Call To Bar: Ex-Minister Amaechi Joins First Class, 888 Candidates Fail Exam

Call To Bar: Ex-Minister Amaechi Joins First Class, 888 Candidates Fail Exam

Chief Rotimi Amaechi, Former Governor of Rivers State and former Minister of Transportation, was recently admitted to the bar in the class of 2024 after completing his law…

Nigerian Economy Not In Distress, Only Facing Challenging Times – Tinubu

Nigerian Economy Not In Distress, Only Facing Challenging Times – Tinubu

The President of Nigeria,  President Bola Tinubu on Tuesday, said Nigeria is currently facing challenging times but its economy is not distressed. As reported by THE WILL, President…

Nigerian Army troops kill notorious terrorist leader Maikusal

Troops of Nigerian Army have killed a notorious terrorist leader, Maikusa, who is identified to be the second-in-command in the hierarchy of the terrorists’ cell in Katsina State,…

“It’s work, work, work there”- Lady and family reportedly leave UK, relocates to Nigeria

“It’s work, work, work there”- Lady and family reportedly leave UK, relocates to Nigeria

Rebecca Olawale, a Nigerian lady who had stayed in the United Kingdom with her family, has created a film to illustrate that they have returned to Nigeria. GISTLOVER…

“This is so hard to watch”- Reactions trails video of Herbert Wigwe’s daughter paying tribute to her brother Chizi

“This is so hard to watch”- Reactions trails video of Herbert Wigwe’s daughter paying tribute to her brother Chizi

Herbert Wigwe, the former Group CEO of Access Holdings, his wife Chizoba, and their first son, Chizi, were recently killed in a helicopter crash. The incident came as…

Leave a Reply

Your email address will not be published. Required fields are marked *