Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments. Yesterday, we communicated the difficult decision to eliminate a number of positions across our Devices and Books businesses, and also announced a voluntary reduction offer for some employees in our People, Experience, and Technology (PXT) organization. This year’s review is more difficult due to the fact that the economy remains in a challenging spot and we’ve hired rapidly the last several years. Leaders across the company are working with their teams and looking at their workforce levels, investments they want to make in the future, and prioritizing what matters most to customers and the long-term health of our businesses. We are in the middle of our annual operating planning review where we look at each of our businesses and make decisions about what we believe we should change. Today, I want to share some information about role eliminations.

Two weeks ago, Beth shared that S-team and I decided to pause new incremental hires in our corporate workforce.

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