Amazon’s CEO says more layoffs will happen in 2023
Amazon will cut jobs again sometime in early 2023, CEO Andy Jassy informed employees in a note on Thursday. The company publicly confirmed some layoffs on Wednesday, and Jassy says that as Amazon̵[ads1]7;s annual planning process stretches into the new year, “there will be more role reductions as executives continue to make adjustments.”
Jassy says the company has not decided exactly how many additional roles will be cut, but that there will be “reductions in our stores and [People, Experience, and Technology] organizations.” Amazon will inform who will be affected by future cuts early next year.
In Wednesday’s announcement, SVP of Units and Services Dave Limp said some employees in the organization were being laid off, and Jassy said Thursday that the company has extended voluntary buyouts to some of its HR organizations, confirming reporting from Vox. Vox’s the article highlighted how layoffs have been communicated internally before senior executives shared information publicly, and based on Jassy’s memo, it appears that approach will continue.
“As has been the case this week, we will prioritize communicating directly with affected employees before making broad public or internal announcements,” Jassy wrote. The company will try to find roles for affected people internally, and if it can’t, workers will be offered severance packages, according to Jassy.
New York Times reported Monday that Amazon planned to lay off approximately 10,000 employees. Jassy’s memo did not specify how many people will be affected or how many already have been. Amazon did not immediately respond to a request for comment.