Amazon Layoffs Indicate Brick-and-Mortar Pull Back

Amazon job cuts increase to 18,000 and bigger numbers initially said it would be discontinued at the end of last year.

And the cuts seem to indicate that the company is pulling back on its retail and store expansion plans.

Total workforce reduction November through to retirement in early 2023 Reach 18,000.In addition to dismissal, Amazon delayed start dates for certain graduates at various colleges and offered lump sum payments to affected candidates to address the financial impact of the change.

Of the layoffs, CEO Andy Jassy said Wednesday: Several teams were affected, with most role removals in the company’s Amazon Stores and People Experience and Technology Solutions. (PXT Solution) organization. Amazon Stores refers to the company’s retail operations, including its e-commerce business.

Earlier last year, Amazon announced its closure All brick-and-mortar bookstores, 4 star shopWhen popup, concentrate For more information on grocery stores comfortable shop, When amazon style store.

But expansion plans for Amazon Fresh, the first grocery store to open in 2020, appear to have stalled, according to a report. We’re ready to open stores nationwide, including the Northeast, California, and Illinois, but they’re not. information reported last month. As of September, the grocery chain It has grown to 44 stores in eight US states and Washington, DC.but since then, The company is not opening any new fresh stores, according to the company. realalthough seven locations appear to be built.

For example, the Amazon Fresh location in Woodland Park, New Jersey It won’t open until early 2023, despite signs appearing months ago.

In September, reported: A combination of supply chain issues and the challenge of putting together the complex components needed to implement the “just-walk-out” technology has pushed the opening date back, Amazon told Woodland Park officials. said at a virtual conference.

Amazon’s 2023 layoffs

of In Jassy’s post about removing roles, he says: Amazon has navigated uncertain and difficult economies in the past and will continue to do so.

‚ÄúThese changes will help us pursue long-term opportunities with a stronger cost structure. “Long-lived companies go through different stages. They’re not in heavy-people expansion mode every year.”

Jassi Also, because information about the layoffs was leaked to the outside, he said, “I decided that it would be better to share this news sooner so that I could hear the details directly.” contact will not be initiated with the employee (or Europe, if applicable). , with employee representative bodies) until 18 January.

The company is working to help those affected, he said, offering packages that include retirement benefits, transitional health insurance benefits, and outside job placement assistance.

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