See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Amazon announces layoffs of at least 18,000 jobs

Posted on AllSides January 5th, 2023
From The Center

Another tech company announces another round of layoffs. This time it’s Amazon. The retail giant announced it will be cutting 18,000 jobs, or close to 6% of its workforce, as a means to cut costs during a possible economic downturn. This round of layoffs will take place Jan. 18 and will largely focus on eliminating human resources and the company’s “Stores” division, according to The New York Times. Hourly warehouse workers will not be included in this round of layoffs. What does Amazon say about the layoffs announcement? “Companies that...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://deseret.com/2023/1/5/23540336/amazon-announces-18000-job-layoffs

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right