Amazon to Lay Off More Than 18,000 Employees, CEO Says

From CNET: Amazon plans to cut more than 18,000 jobs as part of a workforce reduction it revealed in November, the internet retailer said Wednesday.

The layoffs at Amazon will affect several divisions, but the majority are in the company's human resources and retail operations. CEO Andy Jassy said in a blog post Wednesday that affected employees will be notified by Jan. 18.

"Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so," Jassy wrote in the post.

In November, when Jassy announced the company had begun workforce reductions, Amazon didn't reveal how many jobs would be cut, but the consensus was that about 10,000 positions would be eliminated. Jassy also said at the time that cuts would continue into 2023.

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