Andy Puzder of the Heritage Foundation discusses Amazon’s massive layoffs and how the workforce has changed since the COVID-19 pandemic on “Fox Business Tonight.”
Amazon’s largest layoff in the company’s history begins Wednesday.
Earlier this month, Amazon CEO Andy Jassy told employees in a blog post that the company was laying off about 18,000 jobs in a bid to cut costs and would begin contacting affected employees on January 18. rice field.
“Amazon has navigated uncertain and difficult economies in the past, and will continue to do so,” Jassy said in a Jan. 4 post. “These changes will help us pursue long-term opportunities with a stronger cost structure.”
Amazon declined to comment outside of the blog post.
| ticker | safety | last | Change | change % |
|---|---|---|---|---|
| AMZN | Amazon.com Inc. | 98.12 | +2.85 | +2.99% |
Amazon plans to lay off 10,000 employees: report
The layoffs, which are just a fraction of the company’s 1.5 million global workforce and are part of the company’s ongoing annual operational review, primarily affect the company’s Amazon Stores, which include its e-commerce business and brick-and-mortar stores. Affect the department. — A PXT organization that handles human resources and other functions.
Amazon’s largest layoff in the company’s history begins Wednesday. (AP Photo/Kathy Willens/File / AP Newsroom)
Jassy was the first to warn employees in November that layoffs were on the horizon, given the uncertain economy and the fact that the company has weathered the pandemic and hired rapidly.
In a Nov. 17 post, Jassy told employees that Amazon had decided to cut many positions across its devices and books business. He also announced a voluntary reduction offer to some employees of the PXT organization.
Belted packages are scanned and loaded into delivery trucks at Amazon’s warehouse in Robbinsville Township, New Jersey, on August 1, 2017. (AP Photo/Julio Cortez, Files/AP Newsroom)
Amazon suspends company hiring, citing ‘uncertainty’ economy
As part of the company’s annual operating plan review, each business is examined to see what changes need to be made for the long-term health of the business.
But Jassy also warned that more roles will be cut in early 2023 as part of this annual planning process.
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The company did not disclose headcount when it announced in November, but The Wall Street Journal reported that 10,000 positions would be affected.
The Associated Press contributed to this report.