Amazon says it plans to lay off another 9,000 employees, on top of the 18,000 layoffs announced in January.
Why it matters:a second round of cuts, suggesting that other tech giants may still believe they're overstaffed.What they're saying:
"Some may ask why we didn’t announce these role reductions with the ones we announced a couple months ago," said Amazon CEO Andy Jassy. "The short answer is that not all of the teams were done with their analyses in the late fall; and rather than rush through these assessments without the appropriate diligence, we chose to share these decisions as we’ve made them so people had the information as soon as possible."
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