According to reports, Amazon will lay off more than 17000 people, up from about 10, 000 previously disclosed, and the largest number of layoffs in the history of technology giants so far.
In November, Amazon said it would cut jobs, mainly in the equipment business, recruitment and retail.
It is reported that in the post-epidemic era, as brick-and-mortar stores revived and online shopping demand fell, Amazon launched an extensive cost reduction assessment to cut non-profit departments. Amazon closed brick-and-mortar stores and Amazon Care in the first half of the year, and later announced a company-wide hiring freeze.
Amazon's shares rose in after-hours trading on the news, up 1.6% as of press time.
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