After confirming layoffs across wide swaths of its business this week, Amazon’s chief executive told employees that more cuts are to come.
“Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments,” Amazon CEO Andy Jassy said in a memo Thursday that the company posted to its corporate website.
This year’s annual operational review, Jassy said, has been “more difficult due to the fact that the economy remains in a challenging spot and we’ve hired rapidly the last several years.”
Source: Retail Dive
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