New York: Amid massive layoffs of Amazon’s corporate personnel, the company’s Chief Executive Officer (CEO) Andy Jesse has said that this trend will continue into next year as well. In a message to employees, Jesse said, “I can say without any doubt that the decision we have made at this time is a very difficult one.” Seattle-based company Amazon has been trying to reduce costs in various areas of its business for the past few months. The company has an annual review process to identify where and how savings can be made.
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Jesse said this year’s review is more difficult because of the economic climate and the rapid hiring spree at the company over the past few years. The company informed its regional officials in California on Tuesday that about 260 people would be evacuated from various facilities. Jesse said the company is yet to determine how many jobs are going to be affected, though cuts will definitely be made in some segments. He said the annual review process is going to continue next year as well. Amazon has more than 1.5 million employees worldwide. (agency)
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