Amazon layoffs: Company to cut nearly 18K jobs in Canada, U.S., Costa Rica - National | Globalnews.ca

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Amazon layoffs: Company to cut nearly 18K jobs in Canada, U.S., Costa Rica

, and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters.

The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.Amazon.com Chief Executive Andy Jassy said earlier this month the cuts, about 6% of the company’s roughly 300,000 corporate employees, would mostly impact the e-commerce and human resources divisions.

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