Economy / Finance

Amazon Plans to Lay Off 10,000 employees, its Largest Job Cuts ever

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Amazon plans to lay off ten thousand employees in corporate and technology jobs amid cost-cutting review and a “worsening macroeconomic environment”, as inflation in the United States is at a 40 year record high.

The online retailer giant plans to eliminate jobs beginning this week with staff working at its human-resources and retail divisions which represent 3% of Amazon’s corporate staff.

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