The Internet group Amazon has started the first major downsizing in its company history. Dave Limp, Senior Vice President of Devices
The Amazon manager referred to an "unusual and uncertain macroeconomic environment". “After a thorough review, we recently decided to consolidate a number of teams and programs. One of the consequences of these decisions is that some functions are no longer needed. It pains me to deliver this news as we know it means talented Amazonians from the Devices
The affected employees were personally notified on Tuesday. Limp explained that they would support each individual and help them find a new job. Employees who can no longer be employed at Amazon should receive a package of severance pay, transitional benefits and external support with job placement.
Around 1.6 million people work at Amazon worldwide, most of them in the logistics centers of the online retail giant. The division that takes care of the voice assistant Alexa, the smart Echo loudspeakers and artificial intelligence applications is particularly affected by the cuts. According to estimates by industry insiders, this area is in deficit. So far, the expectations of the Amazon leadership that online orders will increasingly be processed via Alexa and an Echo device have not yet been fulfilled.
"Everything on shares" is the daily stock exchange shot from the WELT business editorial team. Every morning from 7 a.m. with our financial journalists. For stock market experts and beginners. Subscribe to the podcast on Spotify, Apple Podcast, Amazon Music and Deezer. Or directly via RSS feed.