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.

Why are the layoffs occurring according to Andy Jessie?

What is the total number of layoffs announced by Andy Jessie?

What does Andy Jessie cite as a reason for the layoffs?

How did Amazon's hiring during the pandemic compare to its peers?

What is the implication of the revenue per additional employee for Amazon?