US online retail giant Amazon.com announced on Monday that it will cut 9,000 jobs – not the first tech giant to announce a second round of layoffs amid a possible recession.
Source. Reuters writes about it.
"Given the uncertainty in the economy we live in and the uncertainties that exist in the near future, we have decided to take a more rational approach to our costs and headcount," Amazon CEO Andy Jassy said in a statement on the company's website.
In January, it was reported that Amazon plans to increase the number of layoffs to 18 thousand.
Amazon's shares fell by 1.4% following the news.
Background. Recently, it was reported that Meta is cutting its staff by another 10,000 people, which is the second wave of layoffs in the company.