Amazon Reduces Global Retail Head Count As It Focuses On Growth Areas

Source: Recode, Monday, Feb 12, 2018

Amazon has laid off several hundred employees at its Seattle headquarters in a massive restructuring effort. Elsewhere in the business, particularly in fast-growing units like Alexa and Amazon Web Services, the online retailer is ramping up its hiring efforts. The majority of job cuts are taking place in Amazon’s core retail division, where growth is slowing, although it continues to make up the majority of the company’s sales.