"Some of you might ask if this is the beginning of a new rhythm - where we announce broad reductions every few months. That's not our plan. But just as we always have, every team will continue to evaluate the ownership, speed, and capacity to invent for customers, and make adjustments as appropriate,"
"reducing layers, increasing ownership, and removing bureaucracy."
"doing some ofthe jobs that are being done today, and more people doing other types of jobs."
Amazon is cutting 16,000 jobs across the company, following 14,000 layoffs in October. Company communications cited reasons including reducing layers, increasing ownership, and removing bureaucracy, and noted that several teams had not finished their restructuring. The company indicated it is not planning a recurring pattern of large layoffs every few months while allowing teams to evaluate ownership, speed, and capacity to invent for customers. The company reported 1.57 million employees in October and single-digit growth over the prior five quarters. The company will continue hiring in strategic areas. A CEO memo linked AI to changing job needs and a reduced corporate workforce. An erroneous AWS meeting invite referenced job cuts and a "Project Dawn" initiative.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]