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Amazon CEO Says Job Cuts Will Continue Into 2023

  • Jassy faced criticism for remaining silent as cuts unfolded
  • Employees compare toiling through layoffs to ‘Squid Game’
Andy Jassy
Andy JassyPhotographer: David Ryder/Bloomberg
Updated on 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.

“Leaders across the company are working with their teams and looking at their workforce levels, investments they want to make in the future, and prioritizing what matters most to customers and the long-term health of our businesses,” Jassy said Thursday in the statement. “This year’s review is more difficult due to the fact that the economy remains in a challenging spot and we’ve hired rapidly the last several years.”