APĪmazon is cutting another 9,000 workers, adding to the massive downsizing happening across an embattled tech sector that is uncertain about the economic future. TRANSLATION: ‘Bezos urged people to put off expenditures for items people don’t buy on Amazon to save money for Amazon purchases,’' Mike Elgan said.Amazon CEO Andy Jassy said the company is slashing 9,000 more jobs, bringing the total cuts since Nov. 'Bezos urged people to put off expenditures for big-ticket items such as new cars, televisions, and appliances. Mike Elgan, a tech journalist, pointed out that the items Jeff Bezos recommended Americans hold off on buying are some of the few products you can’t purchase on Amazon. Read more: Jeff Bezos’ girlfriend Lauren Sánchez plans to go on all-girls’ trip to… space Note: Amazon specialises in auto campaigns, which have included Ford, Toyota, VW, Nissan,' she wrote. 'Jeff Bezos told CNN 11/15 people should hold off buying cars. Phoebe Wall Howard of The Detroit Free Press pointed out that the 'auto industry, one of our nation’s key economic drivers, has struggled with supply chain hell for 3 years.’ Last month, Jeff Bezos had also suggested that Americans should prepare to 'batten down the hatches' ahead of the possible downturn. If you’re thinking about buying a large screen TV, maybe slow that down, keep that cash, see what happens,' Jeff Bezos said. Just a little bit of risk reduction could make the difference. Read more: Amazon's Jeff Bezos to give away most of his $124 billion fortune: Report

Jeff Bezos: Amazon founder Jeff Bezos is seen.(Bloomberg)ĭuring an interview with CNN, Jeff Bezos advised Americans to stash away some money to avoid potential pain heading into 2023. Billionaire Amazon founder Jeff Bezos faced backlash after he advised Americans struggling with inflation to consider not making large purchases amid fears that the country could see an economic downturn in the coming months.

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