Amazon's latest layoffs hit its Buy with Prime unit
Publishing timestamp: 2024-01-18 17:01:18
Summary
Amazon is laying off about 30 employees in its Buy with Prime unit as part of its ongoing cost-cutting efforts. The layoffs affect fewer than 5% of the staff in the division. Buy with Prime allows online stores to offer Amazon's payment services and speedy shipping to their sites. Amazon has been making job cuts across various divisions since late 2022. The company stated that it will assist the affected employees in finding new roles within the company and they will receive pay and benefits for at least 60 days.
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Keywords: amazon.com inc, business news, alphabet inc, labor economy, unity software inc, shopify inc, layoffs, xerox holdings corp, salesforce inc, breaking news: technology, internet, technology, personnel,
Source: https://www.cnbc.com/2024/01/18/-amazon-layoffs-hit-its-buy-with-prime-unit.html