BBC | Amazon plans tons of of layoffs | Tech information 2018

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Amazon plans tons of of layoffs
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Transcript:
Amazon is reducing tons of of positions at its headquarters and world operations, a reset that comes after a number of years of serious progress.

The cuts had been first reported by the Seattle Occasions, which stated the actions are centered on streamlining the agency’s shopper retail enterprise.

It stated it expects “small reductions in a few locations and aggressive hiring in lots of others.”

Amazon, which lists 1000’s of job openings on its web site, has expanded quickly lately, each via skyrocketing gross sales and acquisitions of corporations akin to grocer Complete Meals.

The corporate reported about $3bn in revenue on almost $178bn in gross sales final 12 months.

It counted greater than 560,000 full and part-time staff worldwide on the finish of December, an growth of greater than 65% from the earlier 12 months.

The agency’s web site exhibits lots of the new positions report back to Amazon Internet Providers, the agency’s worthwhile cloud computing division.

The agency can be increase items centered on the corporate’s Alexa robotic and different gadgets.
Final 12 months, Amazon closed Diapers.com and different websites operated by Quidsi, which it introduced a deal to accumulate in 2010 for about $500m. That led to greater than 260 layoffs in New Jersey.
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http://www.bbc.com/information/business-43038608

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