Amazon begins cutting 18,000 workers in its biggest layoffs ever

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Andy Jassy announced that Amazon employees impacted by its largest layoff in history will start to get notified Wednesday. The company plans to lay off just over 18,000 people.

, which are just a fraction of its 1.5 million global workforce and part of the company's ongoing annual operative review, will mostly impact the company’s Amazon Stores division — which encompasses its e-commerce business as well as company’s brick-and-mortar stores — and its PXT organizations, which handle human resources and other functions.

Packages riding on a belt are scanned to be loaded onto delivery trucks at the Amazon warehouse in Robbinsville Township, New Jersey, on Aug. 1, 2017.

 

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Inflation is that bad? A

Roll reductions, bologna you are firing people.

my price target for amazon is $20. has no margins. they desperatly need to break up company for good of investors

Biden claims that all he does is make jobs

As long as you’re not the one to get laid off, right? No big deal

But all those commercials that talked about how awesome it was to do nothing and get paid a zillion dollars, with as much time off as they wanted…completely disrupting the wage playing field for the real world trying to pay employees.

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