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Hundreds lose jobs at Amazon

Reuters
Wednesday, February 14, 2018

AMAZON.com Inc (AMZN.O) is cutting hundreds of jobs in its consumer business in Seattle, a person familiar with the matter said on Monday, as the company shifts resources into fast-growing areas like its work on voice assistant Alexa.

The job cuts, rare for the world's largest online retailer, are in the low hundreds, the person said on condition of anonymity.

Amazon determined through planning for 2018 that certain mature areas of its business no longer required as much staff for the results it was seeking, the person said.

It was unclear which specific teams inside Amazon were affected.

Amazon's consumer organisation includes its retail and marketplace businesses, as well as programs like food delivery service Amazon Restaurants.

Seattle-based Amazon has been on a hiring tear, creating some 130,000 jobs worldwide in 2017 and announcing plans to open a second headquarters in North America, anticipating up to 50,000 more jobs there.

Its full-time and part-time headcount surged 66 per cent in the fourth quarter to 566,000 from a year earlier.

That figure includes employees at Whole Foods Market, which Amazon acquired in a $US13.7 billion ($F27.8b) deal last year.








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