Amazon to axe 18,000 jobs as it cuts costs

Most of the job losses will come from human resources and retail including its shops. …

Retail analyst Neil Saunders, managing director of GlobalData Retail, tweeted that the Amazon job cuts were “a big number” but the company – across its entire operation – had taken on about 743,000 more people since 2019, “some of which was based on irrational exuberance during the pandemic”, he said.

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