Feb 12, 2018

Amazon 'planning hundreds of layoffs'

Amazon is cutting hundreds of positions at its headquarters and global operations, a reset that comes after several years of major growth. That marked an expansion of more than 65% from the previous year after Amazon purchased Souq Group, an e-commerce firm in the Middle East, and grocer Whole Foods, which employed about 87,000 people. Amazon reported about $3bn in profit on nearly $178bn in sales last year. Last year, Amazon closed Diapers.com and other sites operated by Quidsi, which it announced a deal to acquire in 2010 for about $500m. Amazon has not notified the state of Washington of the layoff plans in Seattle, a spokesman for Washington's Employment Security Department said.

Read the full story

 Related companies

Make a complaint about Amazon by viewing their customer service contacts.