Amazon CEO Andy Jassy said the company has been trying to 'streamline' costs while also trying to invest in areas they they believe will impact the company in the long term.
"In those cases, we either wound those down or slowed those down to streamline a little bit as part of that cost exercise," he added.
Shortly before the Times reported the pending layoffs, people Jassy began a cost-cutting review of the company, people familiar with the matter told the Wall Street Journal. Worker selects and packs items during Cyber Monday at the Amazon fulfillment center in Robbinsville Township in N.J., Nov. 28, 2022.Amazon had already warned employees in underperforming units to prepare to look for another job as the company makes cutbacks amid the uncertain economic environment, sources told the Journal.
Before that, the company even initiated a hiring freeze saying it wanted to "balance our hiring and investments with being
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Andy Jassy sticking with his anti-union talking pointsAmazon CEO Andy Jassy appeared to double down on comments about the pitfalls of unionizing that got him into a clash with the National Labor Relations Board earlier this year.
Consulte Mais informação »
Amazon CEO Andy Jassy says cost-cutting review revealed the economy is 'more uncertain' than previously thoughtAmazon CEO Andy Jassy said at The New York Times DealBook Summit that the company's cost-cutting review revealed the economy is 'more uncertain' than previously thought.
Consulte Mais informação »
Amazon will continue to sell antisemitic documentary for nowAmazon CEO Andy Jassy, who has been under fire for the ecommerce giant’s continuing to sell an antisemitic book and movie, declined to say whether the company would remove them after the backlash. Jassy, speaking Wednesday at the New York Times’ DealBook Summit, sidestepped the question of whether Amazon would continue to sell “Hebrews to […]
Consulte Mais informação »
Amazon has no plans to remove antisemitic film at center of Kyrie Irving suspension'We have to allow access to (different) viewpoints, even if they are objectionable,” Amazon CEO Andy Jassy said of a film with antisemitic content.
Consulte Mais informação »
Amazon CEO says company won't take down antisemitic filmAmazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it. Pressure has been mounting on Amazon to discontinue sale of the film, called “Hebrews to Negroes: Wake Up Black America,' since Irving shared the link to the documentary with his millions of Twitter followers in October.
Consulte Mais informação »
CEO of Plano-based vehicle interior company receives 40 under 40 recognition - CEO SpotlightKyle Bailey, the CEO and founding partner of Plano-based NuVinAir was recognized earlier this month by Auto Remarketing as one of the industry's 40 under 40 recipients. NuVinAir is a franchise-supported company that creates healthy vehicle interiors for the automotive industry.
Consulte Mais informação »