Amazon's Jassy
confirms job cuts
After adding 800k in 2yrs
lays off 18k in tech/stores
Amazon ceo Andy Jassy confirmed 18k job cuts in stores and tech, up from his estimate of 10k in November. This compares with a total workforce of 1.6m, up +100% since 2020. We understand warehouse employment levels have been maintained in line with 8% increase in volumes
