Amazon Is Set for New Round of Job Cuts Affecting 18,000 People

Bloomberg2023-01-18

Latest layoffs will fall on retail division, human resourcesCuts represent 6% of Amazon’s 350,000 corporate employeesAmazon.com Inc., grappling with slowing online sales growth and bracing for a ...

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Comments

Jasminephyo
2023-01-23
Jasminephyo
Ok
BlitzBison
2023-01-19
BlitzBison
Ok
JQC
2023-01-18
JQC
😭
Karen333
2023-01-18
Karen333
I think this is a positive. The company has moved away from the Jeff Bezos transformational era where the focus was on growth and innovation and domination of market share. It now needs to trim its fat now that it has firmly established itself as the world leader in this space. New CEO should now focus onleveraging the economies of scale its competitive position provides it. Once it dies this And if executed correctly, the world will see a global retailer and Company that has been seen before.
- Shot:
  ok
- Kc888:
  Ok
- JHT:
  [smile]
- Boo2020:
  k
- Rocket Chief:
  Oh
D1234
2023-01-18
D1234
a piece of bad news for the affected workers. However, good for company in long term planning. Ultimate benefit investors.
Fiona888
2023-01-18
Fiona888
Yes
- Fiona888:
  k

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It broadened the freeze to the company’s corporate staff and then began making cuts.Amazon is among several large tech companies that are trimming their ranks, including Cisco Systems Inc., Intel Corp., Meta Platforms Inc., Qualcomm Inc. and Salesforce Inc.In his memo, Jassy said the Seattle-based company would provide severance, transitional health benefits and job placement to affected workers.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9952317240,"gmtCreate":1674455230380,"gmtModify":1676538941078,"author":{"id":"3585306064379170","authorId":"3585306064379170","name":"Jasminephyo","avatar":"https://static.tigerbbs.com/81aad6a5797d9f136f0438609cb372a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585306064379170","authorIdStr":"3585306064379170"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952317240","repostId":1164174908,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956568751,"gmtCreate":1674059985473,"gmtModify":1676538921506,"author":{"id":"4096589756885460","authorId":"4096589756885460","name":"BlitzBison","avatar":"https://community-static.tradeup.com/news/2c711017cde68be46bd029006fcefb6c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4096589756885460","authorIdStr":"4096589756885460"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956568751","repostId":1164174908,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956590105,"gmtCreate":1674045100107,"gmtModify":1676538919492,"author":{"id":"4106387998711340","authorId":"4106387998711340","name":"JQC","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4106387998711340","authorIdStr":"4106387998711340"},"htmlText":"😭","listText":"😭","text":"😭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956590105","repostId":1164174908,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956270562,"gmtCreate":1674033695457,"gmtModify":1676538918415,"author":{"id":"4106699629777400","authorId":"4106699629777400","name":"Karen333","avatar":"https://community-static.tradeup.com/news/5a24d4a63169cc05795b5cf99d8bb3bc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4106699629777400","authorIdStr":"4106699629777400"},"htmlText":"I think this is a positive. The company has moved away from the Jeff Bezos transformational era where the focus was on growth and innovation and domination of market share. It&nbsp;now needs to trim its fat now that it has firmly established itself as the world leader in this space. New CEO should now focus onleveraging the economies of scale its competitive position provides it. Once it dies this And if executed correctly, the world will see a global retailer and&nbsp;Company that has been&nbsp;seen before.&nbsp;","listText":"I think this is a positive. The company has moved away from the Jeff Bezos transformational era where the focus was on growth and innovation and domination of market share. It&nbsp;now needs to trim its fat now that it has firmly established itself as the world leader in this space. New CEO should now focus onleveraging the economies of scale its competitive position provides it. Once it dies this And if executed correctly, the world will see a global retailer and&nbsp;Company that has been&nbsp;seen before.&nbsp;","text":"I think this is a positive. The company has moved away from the Jeff Bezos transformational era where the focus was on growth and innovation and domination of market share. It now needs to trim its fat now that it has firmly established itself as the world leader in this space. New CEO should now focus onleveraging the economies of scale its competitive position provides it. Once it dies this And if executed correctly, the world will see a global retailer and Company that has been seen before.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/9956270562","repostId":1164174908,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105598820,"gmtCreate":1674034478820,"gmtModify":1674034491702,"authorId":4105783656507550,"author":{"id":4105783656507550,"idStr":"4105783656507550","authorId":4105783656507550,"name":"Shot","avatar":"https://community-static.tradeup.com/news/3bf75a96475b9f4c635e978fbb44e2a6","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.23","exceedPercentage":"60.91%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956270562,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":105598814,"gmtCreate":1674034433504,"gmtModify":1674034446702,"authorId":4088208437016150,"author":{"id":4088208437016150,"idStr":"4088208437016150","authorId":4088208437016150,"name":"Kc888","avatar":"https://static.tigerbbs.com/9775a7cdeae2036e11531351109b88a6","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.29","exceedPercentage":"80.76%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956270562,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"},{"id":105598806,"gmtCreate":1674034393838,"gmtModify":1674034407205,"authorId":4093180452807000,"author":{"id":4093180452807000,"idStr":"4093180452807000","authorId":4093180452807000,"name":"JHT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956270562,"type":1,"supId":0,"prevId":0,"content":"[smile]","text":"[smile]","html":"[smile]"},{"id":105598797,"gmtCreate":1674034343826,"gmtModify":1674034357141,"authorId":3572316669494636,"author":{"id":3572316669494636,"idStr":"3572316669494636","authorId":3572316669494636,"name":"Boo2020","avatar":"https://static.tigerbbs.com/b9140860aa799166f7ff2aef054c4197","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956270562,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"},{"id":105598794,"gmtCreate":1674034332262,"gmtModify":1674034342142,"authorId":4094359267150770,"author":{"id":4094359267150770,"idStr":"4094359267150770","authorId":4094359267150770,"name":"Rocket Chief","avatar":"https://static.tigerbbs.com/c457d26d4fbd8edf4a96a72c7be1b1b7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956270562,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Oh</span>","text":"<span class=\"s1\">Oh</span>","html":"<span class=\"s1\">Oh</span>"}],"langContent":"EN"},{"id":9956242705,"gmtCreate":1674031714108,"gmtModify":1676538918205,"author":{"id":"3573810296615865","authorId":"3573810296615865","name":"D1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573810296615865","authorIdStr":"3573810296615865"},"htmlText":"a piece of bad news for the affected workers. However, good for company in long term planning. Ultimate benefit investors.&nbsp;","listText":"a piece of bad news for the affected workers. However, good for company in long term planning. Ultimate benefit investors.&nbsp;","text":"a piece of bad news for the affected workers. However, good for company in long term planning. Ultimate benefit investors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956242705","repostId":1164174908,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956248959,"gmtCreate":1674030433672,"gmtModify":1676538918045,"author":{"id":"3581675432544786","authorId":"3581675432544786","name":"Fiona888","avatar":"https://static.tigerbbs.com/42688ec73bb74970876cdb05131f23f7","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581675432544786","authorIdStr":"3581675432544786"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956248959","repostId":1164174908,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105598406,"gmtCreate":1674030440909,"gmtModify":1674030481042,"authorId":3581675432544786,"author":{"id":3581675432544786,"idStr":"3581675432544786","authorId":3581675432544786,"name":"Fiona888","avatar":"https://static.tigerbbs.com/42688ec73bb74970876cdb05131f23f7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956248959,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":34,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1164174908"}