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Amazon confirms more than 18,000 employees to be laid off

Amazon has confirmed that company layoffs will total more than 18,000 employees, with the bulk of job cuts coming later this month. While several teams are impacted, the majority of the job cuts will be in the Amazon Stores and People, Experience, and Technology (PXT) organizations.

The layoffs, which represent the largest round of job cuts in the company’s history, are a result of “the uncertain economy,” according to a note from CEO Andy Jassy that was posted for employees on Wednesday and shared publicly. Jassy added that Amazon had weathered “difficult economies” in the past and would continue to do so.

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Source:: Computerworld