The job cuts are part of Amazon’s plan to lay off 18,000 employees
The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
Amazon.com Chief Executive Andy Jassy said earlier this month the cuts, about 6 per cent of the company’s roughly 300,000 corporate employees, would mostly impact the e-commerce and human resources divisions.Tickers mentioned in this storyBuild your personal news feed
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