Amazon to lay off staff in U.S., Canada and Costa Rica by end of day

Amazon to lay off staff in U.S., Canada and Costa Rica by end of day

By

Reuters API

 Amazon


Reuters

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.

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