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Amazon to cut 9,000 jobs at AWS, advertising, Twitch and PXT

By Geoffrey Smith 

Investing.com -- Amazon (NASDAQ:AMZN) is to cut 9,000 more jobs in the near future, adding to the mass layoffs across Big Technology companies in recent weeks against a backdrop of higher interest rates and a cooling economy.

In a memo to staff posted on Amazon's website, CEO Andy Jassy said the latest cuts will affect mainly its Cloud hosting division Amazon Web Services, as well as its relatively young advertising unit, and its videogame streaming operation Twitch.

There will also be cuts at its HR division, now named PXT.

"This was a difficult decision, but one that we think is best for the company long term," Jassy said, citing the need for Amazon to be "leaner".

It's only two months since Amazon confirmed a round of 18,000 job cuts (which had begun without official announcement in November). 

The news comes only a week after Facebook and Instagram owner Meta Platforms (NASDAQ:META) also announced a second big round of job cuts, 

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