According to Reuters, Amazon has begun cutting jobs in its Music division, the company said on Wednesday, confirming the latest of several rounds of layoffs over the past year that have affected more than 27,000 employees of the retail giant.
Employees in Latin America, North America, and Europe received notices that their jobs had been eliminated Wednesday. However, the exact number of employees affected by the layoffs is unknown.
Earlier in March, Amazon said that the company is sacking 9,000 more employees in the next few weeks. The employees mostly in AWS, advertising, and Twitch were impacted by the layoffs.
Previously, CEO Andy Jassy said, “Someone may ask why we didn’t announce these 9,000 role reductions with the ones we announced a couple of months ago.”
“This initially led us to eliminate 18,000 positions (which we shared in January); and, as we completed the second phase of our planning this month, it led us to these additional 9,000 role reductions (though you will see limited hiring in some of our businesses in strategic areas where we’ve prioritized allocating more resources)”, he added.
The move of layoffs is part of a larger trend as companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or laid off many employees.
The major companies that laid off employees include Citi Group, Electrolux, Google, Volkswagen, Wipro, and Salesforce laid off a maximum number of workers globally.
So far in 2023, there have been 1,813 layoffs at tech companies with 402,932 people impacted (1,287 people per day). In 2022, there were 1,557 layoffs at tech companies with 243,318 people impacted (667 people per day).
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