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Amazon CEO on decision to cut 27,000 jobs: 'We reprioritised where to spend resources'

Amazon CEO, Andy Jassy, stated that the decision to lay off 27,000 employees was difficult, but necessary to benefit the company in the longer run. The job cuts are part of a broader restructuring of the company, which includes the closure of physical store concepts, the ending of Amazon Fabric and Amazon Care efforts, and the discontinuation of newer devices., Companies News, Times Now
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