Back to Search Start Over

Amazon CEO Says Job Cuts Will Continue Into 2023.

Authors :
Soper, Spencer
Source :
Bloomberg.com; 11/17/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs. Many employees were given 60 days to find new jobs within the company, which would be followed by a severance package based on tenure if they fail to land new roles, according to documents reviewed by Bloomberg. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
160286695