Amazon plans hundreds of layoffs

Amazon is chopping a whole lot of positions at its headquarters and world operations, a reset that comes after a number of years of great progress.

The cuts have been first reported by the Seattle Occasions, which mentioned the actions are centered on streamlining the agency’s client retail enterprise.

Amazon mentioned it’s working to supply affected workers new roles.

It mentioned it expects “small reductions in a few locations and aggressive hiring in lots of others.”

Amazon, which lists hundreds of job openings on its web site, has expanded quickly in recent times, each by means of skyrocketing gross sales and acquisitions of firms reminiscent of grocer Entire Meals.

The corporate reported about $3bn in revenue on practically $178bn in gross sales final yr.

It counted greater than 560,000 full and part-time employees worldwide on the finish of December, an enlargement of greater than 65% from the earlier yr.

The agency’s web site reveals most of the new positions report back to Amazon Internet Providers, the agency’s worthwhile cloud computing division.

The agency can be build up items centered on the corporate’s Alexa robotic and different units.

Earlier consolidations on the firm have led to layoffs in some areas.

Final yr, Amazon closed and different websites operated by Quidsi, which it introduced a deal to acquire in 2010 for about $500m. That led to more than 260 layoffs in New Jersey.

Revealed at Mon, 12 Feb 2018 21:52:01 +0000