Market Chatter: Amazon Cuts Fewer Than 1,000 Jobs Across Business Units

MT Newswires Live
4 hours ago

Amazon.com (AMZN) cut fewer than 1,000 jobs across several business units, including customer service, marketplace support and engineering roles in its retail business, as well as positions in India and the UK, Business Insider reported Wednesday, citing unnamed sources.

An Amazon spokesperson confirmed to news outlets that the company eliminated a "small number" of roles, mainly in its stores business, as it adjusts its structure and priorities.

Amazon didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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