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  • 14 hours ago
Amazon cut fewer than 1,000 corporate jobs, mainly in its Stores unit, continuing smaller workforce reductions following earlier large-scale layoffs, Reuters reports.

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00:00It's Benzinga bringing Wall Street to Main Street
00:02Amazon cut fewer than 1,000 white-collar jobs, primarily in its stores unit, as the
00:07company continues a series of smaller workforce reductions following 30,000 job cuts that
00:12began last year, according to Reuters.
00:14The latest layoffs affected divisions including customer service and selling partner services,
00:18with employees in the U.S., India, and the U.K. among those cut.
00:22Amazon said it adjusted parts of the store's business to better deliver on its priorities.
00:26The reductions coincided with Prime Big Deal Days, which ran Tuesday and Wednesday.
00:31Founder and Executive Chairman Jeff Bezos said continued job cuts have been necessary because
00:36Amazon increased its headcount during the pandemic as online ordering surged.
00:40For all things money, visit Benzinga.com.

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