Report: Amazon To Reduce Headcount By 10,000 Employees

Yet tech industry overall employment gains now extends to 21 consecutive months
TNCR Staff

In what would represent the largest reduction of staff in the company's storied history, Amazon (AMZN) is expected to reduce company headcount by 10,000, according to a report in The New York Times.

Previously reported as a pause in new hiring for the company, CEO Andy Jassy has moved to accelerate cost-cutting across the e-commerce giant.

With similar reductions planned i...

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