Amazon Devices Division Confirms Layoffs Amid Corporate Restructuring

Amazon's senior vice president of Devices & Services confirms team consolidations that eliminate certain roles, giving affected employees two months to find new internal positions. The layoffs come as part of a broader company-wide reduction that reportedly impacts around 10,000 corporate workers.

Amazon confirms layoffs within its Devices & Services division as senior vice president Dave Limp announces a consolidation of teams and programs. The executive shares in a memo that these difficult decisions mean some roles are no longer required, impacting talented Amazonians who receive notifications about their status. All affected employees in this organization learn about the changes on the same day.

The company gives impacted staff two months to secure a different role within Amazon or accept a severance package. If employees cannot find a new internal position, Amazon provides a separation payment, transitional health benefits, and external job placement support. A company spokesperson notes that these adjustments reflect the current macro-economic environment following several years of rapid hiring.

These cuts at the Devices division follow reports of a broader company-wide reduction affecting roughly 10,000 corporate employees. The hardware division serves as a likely target for budget cuts due to reports of $5 billion in annual operating losses. Despite the reductions, Limp emphasizes that the Devices & Services organization remains an important area of investment for Amazon.

Read More at the original source →