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Amazon cuts nearly 1,000 jobs in its stores and e-commerce division
Fox Business • • business
Key Points:
- Amazon is cutting fewer than 1,000 white-collar jobs, primarily in its stores division, which manages the company's main e-commerce website, following its recent Prime Big Deal Days sales event.
- This latest round of layoffs is smaller compared to previous cuts totaling about 30,000 jobs that began last year and continued into January.
- The job reductions will impact multiple divisions, including customer service and selling partner services, affecting employees in the U.S., India, and the U.K.
- An Amazon spokesperson stated the restructuring aims to better align the stores business with the company’s priorities.
- Amazon founder Jeff Bezos has acknowledged workforce reductions but remains optimistic about the company's position and disagrees with negative predictions about AI's impact on jobs.
