Consumer Electronics Daily was a Warren News publication.

Amazon to Cut Jobs in Device, Books Businesses in 'Challenging' Economy

Amazon CEO Andy Jassy expanded on Amazon’s reported job cuts (see 2211140055) in a memo to employees Thursday. Leaders across the company are studying workforce levels, future investments they want to make and prioritizing “what matters most to customers and the long-term health of our business,” said the executive, saying this year’s review process is more challenging due to the economy. Amazon will cut positions in its device and books businesses and is instituting a voluntary reduction offer for some employees in the People, Experience and Technology (PXT) organization. The company hasn’t set a figure for the number of roles that will be eliminated, he said. A Nov. 14 New York Times article said Amazon was cutting 10,000 jobs, starting last week.