Amazon Slashes 18,000 Jobs as it Cuts Costs Amidst Pandemic

1: amazon has announced that it will be cutting more than 18,000 roles from its corporate workforce, which stands at around 300,000 people. affected workers will be informed of the changes from 18 january. the majority of the role eliminations will be in the amazon stores operations and its people, experience, and technology team.

2: the job cuts were announced in november, but the exact figure was not specified. two months ago, amazon said it would be focusing on reducing expenses in its annual review of business operations. affected workers will be informed from 18 january. it is unclear where the affected employees are located, but amazon has said it will communicate with organisations that represent employees “where applicable in europe”.

3: amazon has taken steps to shut down some parts of its business, such as cancelling projects such as a personal delivery robot. chief executive andy jassy said in a note to staff that amazon has weathered uncertain and difficult economies in the past. the job cuts are part of amazon’s effort to reduce costs and over-hiring during the pandemic. the company is providing packages that include a separation payment, transitional health insurance benefits, and external job placement support.

By Evey Lovelace

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