Amazon.com Inc.’s layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the...
Amazon.com Inc.’s AMZN, -0.79% layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back amid economic uncertainty.
The Seattle-based company in November said that it was beginning layoffs among its corporate workforce, with cuts concentrated on its devices business, recruiting and retail operations. At the time, The Wall Street Journal reported the cuts would total about 10,000 people. Thousands of those cuts began last year.The rest of the cuts will bring the total number of layoffs to more than 18,000 and will be made over the coming weeks. As of September, Amazon employed 1.
On Wednesday, after the Journal broke the news about the size of Amazon’s layoffs, Chief Executive Andy Jassy addressed the cuts in a blog post. “Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,” said Jassy. He added that the majority of the cuts are on the retail and recruiting areas of Amazon. The blog post said the company would alert affected employees later this month.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Hotflash inc: We joke about menopause, but the health risks aren't funny.hotflashinc: We joke about menopause, but the health risks aren't funny – via healthing_ca healthing healthnews womenshealth
Weiterlesen »
LeRoy Cavazos-Reyna returns to San Antonio with Localism, Inc.LeRoy Cavazos-Reyna has left the U.S. Hispanic Chamber of Commerce, but will remain focused on minority-owned business development, now in San Antonio.
Weiterlesen »
Amazon secures $8 billion term loanAmazon.com Inc said on Tuesday it had reached an agreement with certain lenders to provide the e-commerce giant an $8 billion unsecured loan.
Weiterlesen »
Amazon to lay off more than 17,000 workers, more that originally expectedAmazon.com Inc.’s layoffs will affect more than 17,000 employees, a higher number than the company initially planned and one that would represent the most...
Weiterlesen »
Piedmont Lithum stock jumps 9% premarket on news of new lithium delivery deal with TeslaPiedmont Lithium Inc. undefined said Tuesday it has amended its agreement with Tesla Inc. to supply the electric vehicle maker with spodumene concentrate, or...
Weiterlesen »