Amazon begins cutting 18,000 workers in its biggest layoffs ever - Fox Business

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Amazon's workforce reduction – the largest successful its past – volition statesman Wednesday.

Earlier this month, Amazon CEO Andy Jassy told employees successful a blog post that the institution was laying disconnected astir 18,000 radical arsenic it seeks to chopped costs and would statesman contacting impacted employees connected Jan. 18.

"Amazon has weathered uncertain and hard economies successful the past, and we volition proceed to bash so," Jassy said successful the Jan. 4 post. "These changes volition assistance america prosecute our semipermanent opportunities with a stronger outgo structure."

Amazon declined to remark beyond the blog post. 

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AMAZON PLANS TO LAY OFF 10K EMPLOYEES: REPORT

The layoffs, which are conscionable a fraction of its 1.5 cardinal planetary workforce and portion of the company's ongoing yearly operative review, volition mostly interaction the company’s Amazon Stores part — which encompasses its e-commerce concern arsenic good arsenic company’s brick-and-mortar stores — and its PXT organizations, which grip quality resources and different functions.

Amazon motortruck extracurricular a fulfillment facility

Amazon's workforce simplification – the largest successful its past – volition statesman Wednesday. (AP Photo/Kathy Willens/File / AP Newsroom)

Jassy archetypal warned employees successful November that layoffs were connected the skyline fixed the uncertain system and the information that the institution rapidly hired implicit the pandemic.

In the Nov. 17 post, Jassy told employees that Amazon decided to eliminate a fig of positions crossed its devices and books businesses. He besides announced a voluntary simplification connection for immoderate employees successful its PXT organization.

Packages riding connected a loop are scanned to beryllium loaded onto transportation trucks astatine the Amazon warehouse successful Robbinsville Township, New Jersey, connected Aug. 1, 2017. (AP Photo/Julio Cortez, File / AP Newsroom)

AMAZON HALTS CORPORATE HIRING, CITING 'UNCERTAIN' ECONOMY

As portion of the company's annual operating readying review, it looks astatine each of its businesses to spot what changes request to beryllium made for the semipermanent wellness of the business.

However, Jassy further warned that determination would beryllium much relation reductions successful aboriginal 2023 arsenic portion of this yearly readying process.

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Although the institution didn't disclose a headcount astatine the clip of the November announcement, the Wall Street Journal reported that 10,000 positions would beryllium impacted.

The Associated Press contributed to this report.

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