Amazon To Slash More Than 18,000 Jobs In Escalation Of Cuts Chief Executive Officer Andy Jassy announced the cuts, which represent about 1% of Amazon’s employees, in a memo to staff Wednesday, saying it followed the company’s annual planning process. The eliminations began last year and were previously expected (https://www.bloomberg.com/news/articles/2022-11-14/amazon-plans-to-lay-off-about-10-000-employees-nyt-reports) to affect about 10,000 people. The move is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions, like recruiting. 🔗 ARTICLE (https://www.bloomberg.com/news/articles/2023-01-05/amazon-to-slash-more-than-18-000-jobs-in-escalation-of-cutbacks?leadSource=uverify%20wall)