Amazon takes axe to jobs at head office


In a move that is termed rare in case of global ecommerce giant Amazon, the company has axed several hundred jobs at its Seattle headquarters and elsewhere, according to a Seattle Times report.

The cuts come following a massive eight-year hiring spree, which grew the company from 5,000 employees to 40,000 at its headquarters.

The layoffs are expected to be completed in the next few weeks, The Seattle Times reported.

After a ramp-up of hiring previous year, Amazon says it will cut a "small" number of positions at its Seattle headquarters.

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In addition to the company's annual planning and budgeting process, the first few months of the year also bring Amazon's employee performance reviews and, for some, notices that they need to improve or face consequences.

The news of a worker reduction in one particular area comes after years of nearly rapid hiring, but also an abrupt change in the other direction.

Geekwire, which reports on Seattle tech firms, cited Amazon's frugality leadership principle that states in part, "Constraints breed resourcefulness, self-sufficiency and invention", but it also noted that cutbacks were unusual for Amazon.

Almost 4,000 corporate jobs are open in Greater Seattle and 12,000 worldwide.

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The layoff suggests Amazon is trying to control spending and the cut is not unusual for such a big company.

Reuters has reported that the job cuts would be in the "low hundreds"., Inc. (NASDAQ:AMZN) has announced it will cut jobs at its corporate office as it makes adjustments in its core consumer retail business.

The company said it would consider those affected for other roles, adding it was still hiring aggressively in other areas.

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Just when it looked like the job market would improve and layoffs would take a backseat, at least for a while, Amazon has reportedly started cutting hundreds of jobs. Bezos has singled out Alexa as a growth focus for the company, saying he will double down on the digital assistant following its recent performance that exceeded expectations.