Reply To: Amazon the Latest in Huge Tech Layoffs, Just the Start or A Healthy Rationalization?


Does seem like Groundhog Day over at Amazon

CEO Jassy announced that the company intends to eliminate about 9,000 more positions over the next few weeks.
$AMZN 97.66 ▼ -1.29 (-1.30%) today

“Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” said CEO Andy Jassy in a statement.

The company previously said it was slashing 18,000 positions.