Amazon plans hundreds of layoffs

Created 13 February 2018
  • PDF
Editor Choice
(0 votes, average 0 out of 5)
Amazon is cutting hundreds of positions at its headquarters and global operations, a reset that comes after several years of significant growth.
Kết quả hình ảnh cho Amazon plans hundreds of layoffs

The cuts were first reported by the Seattle Times, which said the actions are focused on streamlining the firm's consumer retail business.

Amazon said it is working to offer affected staff new roles.

It said it expects "small reductions in a couple of places and aggressive hiring in many others."

Amazon, which lists thousands of job openings on its website, has expanded rapidly in recent years, both through skyrocketing sales and acquisitions of companies such as grocer Whole Foods.

The company reported about $3bn in profit on nearly $178bn in sales last year.

It counted more than 560,000 full and part-time workers worldwide at the end of December, an expansion of more than 65% from the previous year.

The firm's website shows many of the new positions report to Amazon Web Services, the firm's profitable cloud computing division.

The firm is also building up units focused on the company's Alexa robot and other devices.

Previous consolidations at the company have led to layoffs in some areas.

Last year, Amazon closed and other sites operated by Quidsi, which it announced a deal to acquire in 2010 for about $500m. That led to more than 260 layoffs in New Jersey.


Source: Source: BBC - Bridge

Maybe You Also Interesting :

» Boeing may express interest in Canada fighter jet bid: executive

Boeing has until Feb. 9 to express interest in taking part in the bidding for 88 jets worth between C$15 billion and C$19 billion ($12.1 billion to $15.3...

» Bad weather cuts off Lý Sơn Island residents

Thousands of households in the central province of Quảng Ngãi’s Lý Sơn Island District have been cut off from the mainland due to the ongoing cold spell...

» Israelis eye opportunities in VN

A delegation of Israeli business executives visiting the Mekong Delta province of Bến Tre to explore co-operation opportunities in many sectors has said...

Popular News Categories:

- Asia & Asean  |  EU & Russia  |  America

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet