Amazon layoffs: New round of job cuts confirmed by e-commerce giant

By Consultants Review Team Thursday, 09 November 2023 has confirmed that it has begun laying off employees in its Music division, the latest in a series of layoffs that have affected over 27,000 people in the last year. 

The layoffs were announced on Wednesday, according to Reuters, and have affected employees in Latin America, North America, and Europe.

According to the story, an Amazon spokeswoman confirmed the layoffs but did not specify how many employees were affected. 

"We have been closely monitoring our organizational needs and prioritizing what matters most to customers and the long-term health of our businesses," said a spokeswoman for the company. “Some roles have been eliminated on the Amazon Music team. We will keep investing in Amazon Music." There have been no recent major layoff filings in Washington state, California, or New York, which are among the company's main employee centers. 

This is despite Amazon announcing third-quarter net profitability that greatly exceeded analyst projections and expecting revenue for the fourth quarter that is in line with predictions. Because of the holiday shopping season, the fourth quarter is very important for Amazon.

Amazon has been quietly cutting employment, most recently communications workers in its Studios, Video, and Music businesses. Amazon Music competes with Spotify, YouTube Music, and Apple Music in delivering unlimited music streaming services for a charge.


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