Amazon Lays Off Hundreds Of Employees

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Amazon is laying off hundreds of employees, a source familiar with the matter told CNN.
The majority of the layoffs are affecting the company’s Seattle headquarters, but some global teams may be affected as well, according to the source.

The affected departments are more mature areas of Amazon’s business, such as its online retail operations.

It appears the company isn’t looking to reduce its overall headcount. It currently has 3,900 open corporate job listings in Seattle and 12,000 open positions worldwide, which point to the company’s “aggressive” hiring plans. Amazon says it added 130,000 jobs in the past year, which doesn’t include its $13.7 billion acquisition of Whole Foods.

Read more at CNN.

{Matzav.com}

1 COMMENT

  1. mi sheyesh loh moneh rotzeh mosayim, the insatiable thirst & greed for more money than you can possibly ever spend ,mr bezos you cant take it with you, tell the workers to try to find work and you will keep them till than- on top of the horrible working conditions

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