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Fortune
Fortune
Tristan Bove

Amazon plans to lay off more than 10,000 workers. Its CEO just defended the hiring spree that caused the cuts

Shot of Amazon CEO Andy Jassy (Credit: Michael M. Santiago—Getty Images)

Amazon isn’t sorry about years of explosive growth and overhiring—even as it kicks off the largest job-cutting campaign in its history.

Amazon CEO Andy Jassy announced in November that the company would begin laying off employees across multiple departments, and suggested terminations are likely to continue into 2023. Jassy’s comment came days after the New York Times reported the company had plans to lay off around 10,000 employees across its devices, retail, and human resources divisions.

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