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Amazon to cut 16,000 jobs

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Amazon announced Wednesday that it will cut 16,000 jobs in the second round of cuts since October. Amazon said it’s part of a streamlining effort.
Jan. 28 Amazon announced Wednesday that it will cut 16,000 jobs in the second round of cuts since October.
The layoffs are part of a company reorganization in an effort «to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy», the company said in a blog post written by Beth Galetti, senior vice president of People Experience and Technology.
Galetti said that most U.S.-based employees will have 90 days to find a new job within Amazon. If they can’t find one or don’t want to, «we’ll provide transition support including severance pay, outplacement services, health insurance benefits (as applicable), and more.

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