In an effort to cut costs, the online retail giant Amazon plans to lay off another 9,000 employees.

The company, which has 1.5 million employees worldwide, stated that cloud computing and advertising would see the majority of the reductions.

Although it stated that the positions would be filled within the next few weeks, it did not specify which nations would be affected.

It was a “difficult decision,” according to boss Andy Jassy, but it would be best for the company in the long run.

In January, the company already laid off 18,000 workers.

According to Mr. Jassy, the majority of Amazon’s business functions have been expanding in recent years.

He went on to say, “However, given the uncertain economy in which we reside as well as the uncertainty that exists in the near future,” that “we have chosen to be more streamlined in our costs and headcount.”
In the same way as other tech goliaths, Amazon saw deals blast during the pandemic when clients were stuck at home.

However, in recent years, its sales have decreased as consumers cut back on spending as a result of the cost of living crisis.

Google and Meta, which owns Facebook, and other businesses have been debating how to strike a balance between cost-cutting measures and the need to remain competitive.

Meta, which also owns WhatsApp and Instagram, announced plans to lay off 10,000 employees last week.

Mr. Jassy stated that firing employees is “never easy,” adding, To those at last affected by these decreases, I need to thank you for the work you have done for clients and the organization.”

Another region that will see cuts is Jerk, a livestreaming stage for content including gaming and music.

It comes just a few days after Emmett Shear said that after 16 years in the position, he would be leaving Twitch.

In 2014, Amazon paid $1 billion (£1.5 billion) for Twitch.