Approximately 3% of Amazon's corporate employees, or 1% of the total workforce, are reportedly to be laid off.
Why you can trust Sky NewsThe jobs are to be lost in the corporate and technology parts of the company, according to The New York Times.
Cuts are being made in the devices section of the company which makes the Alexa voice-assist tool; human resources and the retail division. It's estimated that 10,000 staff are to be let go worldwide, although the number has not been announced by the company. That figure would represent approximately 3% ofThe number of employees affected in the UK is yet to be known. In July,weak growthThe lacklustre forecast came at the same time that operating expenses increased. Those costs came to $355.3bn for the nine months up to the end of September this year, up from $311bn during the same period last year.
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