E-COMMERCE

Amazon announces that it is cutting a further 9,000 jobs worldwide

By our News Team | 2023

E-commerce giant is yet another tech company that is finding the market increasingly tough. It has already cut 18,000 jobs.

An increasingly tough operating environment for global e-commerce and technology companies continues unabated, with e-commerce giant Amazon announcing this week that it is laying off a further 9,000 workers.

This is in addition to the 18,000 people being made redundant in a process that started late last year. Warehouses and facilities in certain countries have also been closed.

E-commerce

An Amazon distribution facility in Germany. Photo credit: Blu-news.org via Wikimedia Commons

The company said the latest cuts would fall mostly in its cloud services, advertising and Twitch livestreaming units. Twitch is an interactive livestreaming service for content such as gaming, entertainment, sports and music.

Andy Jassy, CEO of Amazon, said in a letter to workers that the company had added a substantial amount of staff in the past few years, but the uncertain economy has forced it to choose cost and headcount cuts. Amazon employs more than 1.5-million people worldwide.

Cutting back on expenses everywhere

“The company has been systematically cutting back on expenses across the business, announcing earlier this month that it was pausing the construction on part of its second headquarters in Alexandria, Virginia. Amazon has also been slowing down the global expansion of its network of distribution centres, warehouses and other facilities since at least 2022, in some cases scrapping planned projects entirely,” the London-based The Guardian newspaper reported.

Recently Meta – which owns Facebook, Instagram and WhatsApp – also announced more job cuts. Founder and CEO, Mark Zuckerberg, said a further 10,000 positions would be made redundant this year, in addition to the 11,000 redundancies implemented in November 2022.

Amazon has also apparently delayed its South African marketplace launch until late 2023 and put its Nigerian market entry on hold until further notice.

Amazon’s entry is long-awaited by consumers and marketers in these two key African markets, although there has also been concern at the potential impact this may have on homegrown e-commerce players such as Takealot and Jumia.

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    Dr Kin Kariisa

    Group CEO - Next Media

    Dr. Kin Kariisa is an extraordinary force at the helm of Next Media Services, a conglomerate encompassing NBS TV, Nile Post, Sanyuka TV, Next Radio, Salam TV, Next Communication, Next Productions, and an array of other influential enterprises. His dynamic role as Chief Executive Officer exemplifies his unwavering commitment to shaping media, business, and community landscapes.
    With an esteemed academic journey, Dr. Kariisa’s accolades include an Honorary PhD in exemplary community service from the United Graduate College inTexas, an MBA from United States International University in Nairobi, Kenya, a Master’s degree in Computer Engineering from Huazong University in China, and a Bachelor’s degree in Statistics from Makerere University.
    Dr. Kariisa pursued PhD research in Computer Security and Identity Management at Security of Systems Group, Radboud University in Nijmegen, Netherlands. As a dynamic educator, he has shared his expertise as a lecturer of e-Government and Information Security at both Makerere University and Radboud University.

    Dr Kin did his PhD research in Computer Security and Identity Management at Security of Systems Group, Radbond University in Nigmegen, Netherlands. He previously served as a lecturer of e-Government and Information Security at Makerere University in Kampala, Uganda and Radbond University in Netherlands.

    Dr Kin did his postgraduate courses in Strategic Business Management, Strategic Leadership Communication and Strategies for Leading Successful Change Initiatives at Harvard University, Boston USA.

    • Other current and previous roles played by Dr Kin Kariisa:
    • Lecturer of e-Government and Information Security to graduate students at Makerere University, Kampala and Radbond University in the Netherlands
    • Director of Eco Bank Uganda Limited, one of the largest banks in Africa
    • Chairman of the National Association of Broadcasters, an umbrella industry association for all Television, Radio and online broadcasters in Uganda.
    • Chairman of Board of Directors of Nile Hotel International, that owns the leading hotel in Uganda, Kampala Serena Hotel.
    • Chairman of Board of Directors of Soliton Telmec Uganda, the leading telecom company in Optic fibre business managing over 80% of optic fibre in Uganda.