Following a review of its operations, Amazon is laying off more employees in its retail business, CEO Andy Jassy told employees Wednesday. Jassy said he posted the news publicly after it was leaked.
In all, including layoffs confirmed in November, Amazon will “eliminate just over 18,000 roles,” primarily in its Amazon Stores, and People, Experience and Technology divisions, according to Jassy’s blog post.
“These changes will help us pursue our long-term opportunities with a stronger cost structure,” he said. Affected employees will receive separation payment, transitional health insurance benefits and external job placement support, he also said.Retail Dive