Amazon CEO Andy Jassy has announced plans to cut just over 18,000 roles.
Last November, Amazon announced plans to cut roles in its devices and books businesses and halted new corporate hiring. The majority of the latest job cuts, said Jassy, are in Amazon Stores and its People, Experience, and Technology organization. The cuts follow a period of rapid hiring over the last few years. Affected employees worldwide will be notified on January 18, according to Jassy.