Amazon to Lay Off Hundreds of Corporate Employees

Amazon to Lay Off Hundreds of Corporate Employees

The Seattle Times, citing a person familiar with the cuts, said Monday that the e-commerce giant will cut several hundred jobs at its headquarters in Seattle as well as hundreds of more elsewhere in Amazon's global operations.

However, according to the report, Amazon's rising employee numbers over the last two years left some departments over budget and with too many staff on hand.

Amazon is the second-largest US -based corporate employer.

Amazon's layoffs are still ongoing and are expected to be completed over the coming weeks, the Seattle Times reported.

Amazon hired "nearly 130,000 employees globally in 2017, excluding acquisitions", the company said in its fourth quarter 2017 earnings report released February 1.

"Amazon makes rare round of layoffs at Seattle headquarters", USA Today, February 12, 2018. Visit MarketWatch.com for more information on this news.

Recent layoffs at Amazon units outside Seattle suggest the company is consolidating established retail businesses.


Already, some Amazon businesses have made cuts, including a few handful at Zappos and a few hundred at Quidsi. Amazon also had the smallest number of open positions from August to December of a year ago, making it the slowest hiring four-month period for Amazon in King County, according to CNBC.

Amazon-owned footwear seller Zappos already laid off around 30 people previous year, while last March, the parenting product subsidiary Quidsi that runs Diapers.com and other sites, cut more than 250 jobs.

Meanwhile, Amazon is also reportedly considering locations for a second headquarters in the North American region, where it plans to employ around 50,000 full-time workers, with many in high-paying office jobs.

The job cuts are a drop in the bucket compared to how many positions the company has created lately. The aim, the company says, is to reduce layers of redundant management and keep the company flexible and fast-moving.

Amazon hired almost 130,000 employees globally in 2017, excluding acquisitions, ending the year with 566,000 full-time and part-time employees. It now has 4,000 positions open in Seattle and 12,000 globally, all of which are corporate jobs and not in its warehouses or fulfillment centers.

In January Amazon's results reported one of their best ever profits of around $2 billion. helped by the Amazon Prime service experincing 4 million new sign-ups in one week in the three months to December.

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