Amazon to Cut 9,000 More Jobs

Amazon is undergoing significant layoffs, with 9,000 additional cuts announced, totaling 27,000. This is due to economic uncertainty and the need to adjust from pandemic-era hiring. The tech industry is not opting for labor hoarding, and Amazon's revenue growth per employee is lagging, similar to Meta. The company is reevaluating strategies as top-line growth in e-commerce and AWS declines.

What is the total number of job cuts announced by Amazon, including the new and previous layoffs?

• 9,000

• 27,000

• 18,000

• 36,000

Why is Amazon implementing these job cuts?

• To invest in new technology

• To expand their workforce

• Due to economic uncertainty and previous over-hiring

• To increase salaries for remaining employees

What is labor hoarding, and why are tech companies not opting for it?

• It is the practice of reducing employee benefits, and tech companies avoid it to maintain morale.

• It is the practice of hiring more employees, and tech companies avoid it due to high costs.

• It is the practice of retaining more employees than needed, and tech companies avoid it due to economic uncertainty.

• It is the practice of outsourcing jobs, and tech companies avoid it to keep jobs local.

How did Amazon's revenue growth per new employee compare to its peers?

• Amazon's revenue growth per new employee was better than Meta but worse than others.

• Amazon added less revenue per new employee compared to most peers, except Meta.

• Amazon's revenue growth per new employee was similar to its peers.

• Amazon had the highest revenue growth per new employee.

What areas did Amazon need to reevaluate due to lack of top-line growth?

• E-commerce and AWS

• Marketing and Sales

• Research and Development

• Human Resources and Legal