Amazon to cut 18,000 jobs – live updates – The Telegraph
Amazon will extend its job cutting plans this year, announcing it will shed 18,000 staff as it tackles a downturn in the world economy.
The tech giant had already revealed plans in November to lay off some 10,000 workers and said its latest announcement included those departures.
Staff will learn if they face the axe from January 18. The majority of job losses will be in in Amazon Stores and its People Experience and Technology Solutions teams, known as PXT.
Chief executive Andy Jassy said: “This year’s review has been more difficult given the uncertain economy and that we’ve hired rapidly over the last several years.
“[We] are deeply aware that these role eliminations are difficult for people, and we don’t take these decisions lightly or underestimate how much they might affect the lives of those who are impacted.
“We are working to support those who are affected and are providing packages that include a separation payment, transitional health insurance benefits, and external job…
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