Amazon set to begin new round of layoffs affecting more than 18,000 people
Publishing timestamp: 2023-01-18 10:03:07
Summary
Amazon will begin a round of job cuts, the largest in its 28-year history, affecting more than 18000 employees. Other tech companies such as Salesforce, Meta, and Twitter have also made sweeping reductions to their head counts due to the deepening economic downturn.
Sentiment: NEGATIVE
Tickers: AMZN,
Keywords: amazon.com inc, technology, jobs, layoffs, internet, business news, economy,