Amazon To Begin Fresh Round Of Job Cuts: Report
ABP NewsAfter laying off more than 18,000 employees among its corporate ranks earlier this month, Amazon is going to start a fresh round of job cuts that will affect the retail division and human resources of the company, reported Bloomberg. Even though the job cuts only account for 1 per cent of the entire workforce, which also includes tens of thousands of hourly warehouse and delivery workers, they affect about 6 per cent of Amazon's 350,000 corporate workers worldwide. These changes will help us pursue our long-term opportunities with a stronger cost structure.” Jassy had also said the company would provide severance, transitional health benefits, and job placement to affected workers. In November last year, Amazon had announced 10,000 layoffs, eliminating a number of positions across its Devices and Books businesses, and a voluntary reduction offer for some employees in the People, Experience, and Technology organization.