Amazon, Google CEOs ‘hint’ at further layoffs amid economic meltdown

As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at further layoffs as the companies continue to evaluate business.

In a letter to company shareholders, Amazon CEO Andy Jassy said that the company reprioritised where to spend resources, which ultimately led to the hard decision to eliminate 27,000 corporate roles.

“There are a number of other changes that we’ve made over the last several months to streamline our overall costs, and like most leadership teams, we’ll continue to evaluate what we’re seeing in our business and proceed adaptively,” Jassy wrote.