Amazon to cut over 18,000 jobs in latest wave of mass tech layoffs

‘This year’s review has been more difficult given the uncertain economy’

Amazon is planning to cut over 18,000 jobs in an attempt to reshape its business, while at least two other major tech companies announced job cuts as well because of an “uncertain economy”.

Andy Jassy, who took over as chief executive from founder Jeff Bezos in July 2021, said in a note to employees that the redundancies “will help us pursue our long-term opportunities with a stronger cost structure”.

It is understood the job losses will include the UK and Europe, but the firm has not given details.