Amazon Prepares For More Layoffs

Amazon Web Services and the company’s e-commerce have both slowed

  • Amazon has begun laying off roughly 10,000 employees, but Amazon CEO Andy Jassy told employees that there will be additional cuts next year.
  • The “Stores” and “People, Experience and Technology” units will be impacted, though the exact number of employees that will be impacted has not yet been determined.
  • The current cuts are impacting workers in Amazon’s Devices and Books departments.
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