Amazon layoffs hit workers in robotics, grocery, health and AWS divisions
Publishing timestamp: 2023-01-31 18:19:03
Summary
Amazon recently announced 18000 job cuts across its various operations, including retail technology, grocery stores, robotics, drone delivery, and cloud computing. A spreadsheet created by an employee provides a window into the businesses affected by the layoffs. When Amazon reports fourth-quarter results, executives are likely to face questions regarding the headcount reductions and expected financial impact. The job cuts are the largest in Amazon's history and follow more than a decade of unbridled growth.
Sentiment: NEGATIVE
Tickers: AMZN,
Keywords: technology, internet, jobs, business news, amazon.com inc,
Source: https://www.cnbc.com/2023/01/31/amazon-layoffs-hit-workers-in-robotics-grocery-health-aws-units.html