Amazon is laying off a number of employees as Big Tech continues to downsize. In a post on Wednesday, an executive confirmed the reduction of its workforce.
Dave Limp is the senior vice president of Devices and Services at Amazon. On the same day, the notice was shared with the organization.
The loss of roles within the organization was caused by the consolidation of some teams and programs. The affected employees were told about their roles.
The Devices and Services organization is an important area of investment for Amazon, and we will continue to invent on behalf of our customers. When there's a difficult economy, customers tend to gravitate to the companies and products they think have the best customer experience and that take care of them the best. Amazon has done a great job at this in the past.
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Amazon is the latest tech company to lay off employees. Revenue misses and lower-than- expected guidance for the holidays were caused by the effects of the economy on Big Tech. Amazon's outlook for the quarter is below analysts' expectations despite holding a second Prime Day sale and preparing for Black Friday.
It's not clear how many employees have lost their jobs at Amazon, but reports indicate that the company will lay off 10% of its workforce. The Devices & Services unit is where the majority of the cuts were made.
The layoffs were part of Amazon's annual review process, according to an Amazon spokesman.
"As we've gone through this, given the current macro- economic environment, some teams are making adjustments, which in some cases means certain roles are no longer necessary."
We are doing everything we can to support employees who may be affected.
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