Amazon to cut 9,000 jobs targeting cloud and advertising divisions

Amazon.com said it would cut another 9,000 jobs to make its operation lean and manage economic uncertainty.
Amazon jobAmazon will have eliminated 27,000 positions in recent months, or 9 percent of its roughly 300,000-person corporate workforce.

The latest slashing focuses on Amazon’s highly-profitable cloud and advertising divisions.

Job reductions are coming to Amazon’s streaming unit Twitch, as well, following cuts that began in November focused on the company’s devices, e-commerce and human-resources organizations. Amazon aims to finalize whom it will terminate by April.

Amazon CEO Andy Jassy, in a note to staff, said the decision on job cut stemmed from ongoing analysis of priorities and uncertainty about the economy.

“Some may ask why we didn’t announce these role reductions with the ones we announced a couple months ago,” he wrote. “The short answer is that not all of the teams were done with their analyses in the late fall.”

He added, “Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount.”

Amazon last month said operating profit may slump in the current quarter, hit by the financial impact of consumers and cloud customers cutting down on spending.

Amazon has scaled back or shut down entire services like its virtual primary care offering for employers in recent months.

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