Amazon to lay off staff in U.S., Canada and Costa Rica by end of day
By
Reuters API
Reuters API
Amazon
The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
Amazon.com Chief Executive Andy Jassy
Microsoft said earlier on Wednesday it would cut about 10,000 jobs and take a $1.2-billion charge.