Last Tuesday, the 18th, the amazon started making cuts in its publicity team. This is yet another plan by CEO Andy Jassy to control company spending, as confirmed. Amazon is terminating contracts, making staff changes and prioritizing the company's long-term financial health. Learn more throughout the article.
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With that in mind, Senior Vice President of Advertising Paul Kotas announced to his employees in a memo that he was cutting jobs at the company.
“As a result, we made deeply considered decisions on how best to move forward, resulting in role eliminations for a small percentage of our organization.”, Kotas informed officials in part of the note.
In 29 years of company, Amazon reaches the peak of layoffs, the result of excessive hiring that happened during the Covid-19 pandemic.
When will the layoffs take place?
On Tuesday morning, therefore, selected employees in the sector began to receive e-mails about the resignation. Two people who were cut from the company told CNBC to remain anonymous as they were not allowed to speak about the layoffs.
One such employee reported that Amazon will lay off employees from June 20 to July 17 of this year, if the laid-off workers live in New Jersey or New York.
A transition period of 2 to 3 months will be respected, with the possibility of the employee opting for another function in the company.
For now, they have not disclosed the number of people who will be affected by the measure. In March, Andy Jassy announced that he would lay off another 9,000 employees, not counting the 18,000 that were already cut last year and in January of this year.
In the same announcement, they also reported that the upcoming layoffs would affect Twitch live streaming, advertising, cloud computing, and Amazon's human resources.
Employees affected in the other layoffs were retail, human resources, recruiting, and devices.
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