Amazon deepens tech-sector gloom with another 9,000 layoffs

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In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9% of its roughly 300,000-person corporate workforce.

- Amazon.com Inc on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner.

The layoffs will affect Amazon's streaming unit Twitch as well, following cuts that began in November focused on the company's devices, e-commerce and human-resources organizations. Amazon aims to finalize whom it will terminate by April.

GRAPHIC: Amazon announces fresh layoffs https://www.reuters.com/graphics/TECH-LAYOFFS/META/byprlmorqpe/graphic.jpg

 

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