Amazon begins layoffs at Seattle headquarters
Amazon is cutting hundreds of jobs at its Seattle headquarters and elsewhere, mostly employees in its consumer-retail division.
According to The Seattle Times, Amazon is laying off "hundreds" of employees and "managing out" others as the company consolidates its retail operations.
The layoffs will occur in the consumer retail business, which includes Amazon's toys, books and groceries units, to make room for staff in businesses that are growing, like Alexa, AWS and digital entertainment.
With 566,000 employees as of December, Amazon is the second-largest employer in the U.S., taking into consideration both corporate employees and ones at its fulfillment centers. Its Seattle headquarters alone employs more than 40,000 people.
On Friday the Wall Street Journal reported that Amazon is gearing up to launch a delivery service for businesses. The service is called "Shipping with Amazon" and will see the tech giant picking up packages from businesses and delivering them to customers.