We use cookies and similar methods to offer the best experience to all visitors and to remember their preferences. Please take a moment to review our Privacy Policy. By tapping “accept”, you consent to the use of these methods.

SBI - GERAL Q1 2026
+2.90 % 351.30
=
INCOME RETURN
+2.07 % +
APPRECIATION RETURN
+0.83 %
USD / REAL
0.00 % 5.02
CAN / REAL
0.00 % 3.64
EURO / REAL
0.00 % 5.82
IBOVESPA
-0.70 % 118,939.87 PTS
IFIX
0.00 % 3,855.09 PTS
SELIC
14.50 % 23.May.2026

Amazon to cut more than 18,000 employees

  • According to the CEO, the company decided to make this action public, as an employee leaked the information.
The company confirmed layoffs this week
The company confirmed layoffs this week
By: SiiLA News
01/06/2023

Yesterday, on Wednesday (04), Amazon confirmed to cut more than 18,000 jobs. Despite predicting this action, the number of employees affected was higher than expected.

Andy Jassy, CEO of Amazon, published a letter to employees where he attributed this decision to the uncertain economic scenario, claiming that the company aims to prioritize what is most important to customers and maintain the business's health.

The manager understands that this is a difficult time for employees and the entire team. According to the letter, dismissals should start on the 18th of January.

"We are working to support those affected and will provide benefits packages that include extra compensation, transitional health insurance, and external job placement support," adds Jassy.

According to the CEO, the company decided to make this action public, as an employee leaked the information.

Here at SiiLA REsource, you can search for the content you choose. Just type in a keyword, like Amazon! Access and see everything we have already reported about the company.

Latam
Brazil
National
Office
Market Analytics
Market Trends

ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

Zolver

Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026
São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026
Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026
Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026
Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026

Investments


Daniel Rose, CEO of APM Terminals Suape and Pecém
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
Benny Finzi, country manager of 7 Bridges
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target

Market Trends

Thais Koch, director at Koch Construtora
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
Giancarlo Nicastro, CEO of SiiLA
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why

Trusted by Leading Publications

EXCLUSIVE CONTENT

Join our mailing list for Real Estate News, Events, Insights & Resources.

SiiLA News on Mobile - Stay Updated Anytime, Anywhere. Read Latest Real Estate News from your phone