EconomicWorld

Amazon to Lay Off Another 9,000 Employees

IranGate
1 Min Read
Amazon to Lay Off Another 9,000 Employees

Amazon is laying off 9,000 more employees

The wave of layoffs in the tech industry continues. After a job boom during the COVID-19 pandemic, high inflation and rapidly rising interest rates have created a series of problems for many internet companies.

After Meta, Facebook’s parent company, Amazon is also cutting thousands of jobs due to an uncertain economic outlook. 9,000 more employees are set to lose their jobs.

Andy Jassy, the CEO of Amazon, announced the second round of job cuts in an email to the company’s workforce. He stated that it was a difficult decision, but they believe it will be the best course for the company in the long run. The Amazon CEO cited the uncertain economic situation as the reason for the job reductions.

TAGGED:
Share This Article
ByIranGate
Every media institution, regardless of its origin or the doctrine it embraces, heralds the dawning of a new vista — a window that illuminates hidden recesses with the radiance of insight. It symbolizes the rich tapestry of perspectives that enable us to perceive and interpret our world. At the IranGate Analytical News Agency, our commitment is unwavering: to uphold the highest standards of journalistic integrity. We recognize and value the media literacy of our audience. We don't merely acknowledge it — we champion its growth, ensuring it thrives rather than diminishes. Our guiding principle resonates through every story we present: 'IranGate: Your Gateway to Enlightened Awareness.'

Social Media

Stay connected by following Iran Gate on social media