(Reuters) – Amazon said on Monday it was cutting 9,000 more jobs, marking another round of layoffs that speaks to the struggles the technology sector is facing.
The company founded by Jeff Bezos, which has long touted its ability to create jobs, will have cut a total of 27,000 jobs in recent months, or 9% of its workforce.
The latest cuts focus on the highly profitable cloud and advertising divisions, which have so far been considered untouchable.
Job cuts are also expected at Amazon’s streaming unit, Twitch, following on from staff cuts that began in November and affected the company’s retail division and human resources. .
Employees affected by the redundancy plan will be notified by April.
Amazon shares fell 2% on the New York Stock Exchange.
This new series of layoffs comes against a backdrop of job cuts among major US technology groups, including Microsoft and Alphabet, and Meta Platforms.
In a memo to staff that Amazon posted online, group CEO Andy Jassy said the decision stemmed from an ongoing analysis of priorities and uncertainties about the economy.
“Some may wonder why we didn’t announce these role reductions at the same time as the ones we announced a few months ago,” he wrote. “The short answer is that not all teams had completed their analyzes by late fall.”
“Given the economic uncertainty in which we live, and the uncertainty that exists in the near future, we have chosen to further rationalize our costs and our workforce,” he added.
(Report Jeffrey Dastin in Palo Alto and Tiyashi Datta in Bangalore, Augustin Turpin and Gaëlle Sheehan, edited by Blandine Hénault)
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