Amazon plans to eradicate 9,000 extra jobs within the subsequent few weeks, CEO Andy Jassy stated in a memo to workers on Monday.
The job cuts would mark the second largest spherical of layoffs within the firm’s historical past, including to the 18,000 staff the tech large stated it will lay off in January. The firm’s workforce doubled in the course of the pandemic, nonetheless, within the midst of a hiring surge throughout virtually your complete tech sector.
Tech firms have introduced tens of hundreds of job cuts this yr.
In the memo, Jassy stated the second section of the corporate’s annual planning course of accomplished this month led to the extra job cuts. He stated Amazon will nonetheless rent in some strategic areas.
The job cuts introduced Monday will hit worthwhile areas for the corporate together with its cloud computing unit AWS and its burgeoning promoting enterprise. Twitch, the gaming platform Amazon owns, may even see some layoffs in addition to Amazon’s PXT organizations, which deal with human sources and different capabilities.
Gas costs down on decrease oil prices
Massachusetts fuel costs have nudged decrease, dropping two cents in the newest survey to $3.27 a gallon, a full 17 cents beneath the nationwide common.
“The global oil price has plunged to around $65 per barrel, a level not seen since December of 2021. Given that the cost of oil accounts for 55% of what we pay for gas, it’s not surprising to see prices drop at the pump,” stated Mary Maguire, AAA Northeast Vice President of Public and Government Affairs.
The worth of fuel within the state is 7 cents decrease than a month in the past and a greenback cheaper than a yr in the past, when fuel in Massachusetts was operating $4.27 a gallon.