Author Topic: "Amazon plans to cut thousands of corporate workers" - Washington Post  (Read 310 times)

Hopscotch

Hate to be crass but wonder how this will affect our own struggles w/the Zon?

"The e-commerce giant, which will shed roughly 10,000 positions as soon as this week, would become the latest big tech company to slash its workforce...cuts will be concentrated among the corporate workforce...they are likely to hit its devices, retail and human-resources teams….the biggest job cuts of its history.…under CEO Andy Jassy, who took over from Bezos last year, the company has pared back many of its newer initiatives…Amazon shut down its physical bookstores earlier this year...the expected 10,000 layoffs account for about 3 percent of the company’s white-collar workforce….(Broad layoffs in its warehouses are unlikely because they typically experience more than 100 percent turnover in a given year, partly because of the strenuous working conditions, experts say, and attrition is high.)...High inflation and increasingly budget-conscious consumers caused the company to report a disappointing forecast for the upcoming holiday season…”

-- Washington Post   November 14, 2022
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