Amazon’s head of consumer products, David Limp will step down from his position as head of the unit later this year.
Following a Wall Street Journal report, Amazon has confirmed the information with TechCrunch.
The decision was made in response to widespread claims that its significant bets on the smart home haven’t yielded the desired results. The division was said to be losing a stunning $5 billion in revenue annually as of November.
It was one of the departments that took the brunt of the extensive layoffs. As a result of cost-cutting measures taken by CEO Andy Jassy in response to economic challenges, Amazon has overall eliminated almost 27,000 positions.
According to Jassy, “Dave will remain in his role for the next few months, and we’ll announce his successor in the coming weeks,” while Limp confirmed on the news in a blog post, saying, “It’s time.”
Limp had worked at Apple and Palm before spending almost 14 years at Amazon.
For more than 13 years, Limp has served as the business’ Senior Vice President of devices and services.
He has been in charge of the division that produces items like Amazon’s Fire tablet series and the Echo/Alexa.
