According to Amazon’s official website, Amazon (NASDAQ:AMZN) CEO Andy Jassy released an all-staff letter today, saying that the company plans to cut more than 18,000 employees, more than the 17,000 reported by the media earlier.
Jassy said the company intends to begin communicating with affected employees Jan. 18. Several teams were affected, he said, however, most of the positions that were cut were in our Amazon store and PXT (People Experience and Technology Solutions) organizations.
That would be the largest layoff for U.S. tech companies during the current economic slowdown, but Amazon also has far more employees than its Silicon Valley counterparts. As of the end of last September, the company had more than 1.5 million employees, meaning the latest layoffs would account for just over 1% of its total workforce.