Amazon to lay off thousands of employees

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday (Nov 14), in what would amount to its biggest such reduction to date. The cuts, earlier reported by the New York Times, would represent about three per cent of Amazon's corporate staff. The...

The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, US on Nov 25, 2020.Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday , in what would amount to its biggest such reduction to date.

The online retailer plans to eliminate jobs in its devices organisation, which makes voice-controlled Alexa gadgets and home-security cameras, as well as in its human-resources and retail divisions, the person said.The source attributed the reduction to the uncertain macroeconomic environment faced by Amazon and other companies.

Seattle-based Amazon is predicting a slowdown in sales growth for the typically lucrative holiday season. The company has weighed whether to focus on new capabilities for Alexa when some customers use the voice assistant for just a few tasks, the report said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon plans to lay off 10,000 people starting this weekThe cuts will reportedly affect about 10,000 people in corporate and technology jobs. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »