Market News / Story
Amazon Reportedly Hands Pink Slips To 1,000 Workers As Big Tech Layoffs Continue
Stocktwits ·
Stocktwits reports: Amazon.com , Inc. (AMZN) is cutting fewer than 1,000 white-collar jobs, primarily in its Stores division that oversees the e-commerce giant’s main website, adding to a string of workforce reductions across corporate America this year. Amazon confirmed the cuts to Reuters on Wednesday, describing them as a “small number” of roles. Reuters and Business Insider reported the total figure of fewer than 1,000, citing their sources. The reductions come as Amazon’s Prime Big…