Quantcast

Amazon is laying off hundreds of employees - KVOA | KVOA.com | Tucson, Arizona

Amazon is laying off hundreds of employees

Posted: Updated:
AP Photo/Reed Saxon, File AP Photo/Reed Saxon, File

The majority of the layoffs are affecting the company's Seattle headquarters, but some global teams may be affected as well, according to the source.

The process of notifying employees has already started, the source said.

The affected departments are more mature areas of Amazon's business, such as its online retail operations.

Amazon confirmed the layoffs in a statement sent to CNN.

"As part of our annual planning process, we are making headcount adjustments across the company — small reductions in a couple of places and aggressive hiring in many others," the statement read. "For affected employees, we work to find roles in the areas where we are hiring."

It appears the company isn't looking to reduce its overall headcount. It currently has 3,900 open corporate job listings in Seattle and 12,000 open positions worldwide, which point to the company's "aggressive" hiring plans. Amazon says it added 130,000 jobs in the past year, which doesn't include its $13.7 billion acquisition of Whole Foods.

At the end of 2017, Amazon employed 560,000 people worldwide.

The news, first reported on Monday by The Seattle Times, comes at a time when Amazon is publicly searching for a location to build its second headquarters.

HQ2 will cost a minimum of $5 billion to construct and operate, and will create as many as 50,000 jobs, according to the company.

Amazon reported a profit of nearly $2 billion in its latest quarter from the holiday shopping season. The results were the largest in its history and the first time it topped $1 billion in a quarter.

Amazon CEO Jeff Bezos touted the success of its voice-assistant software Alexa.

"We don't see positive surprises of this magnitude very often — expect us to double down,"Bezos said in a statement at the time.

WEATHER
Interactive Radar
  • Most Popular StoriesMost Popular StoriesMore>>

  • Hispanic customers accuse gas station cashier of refusing service for speaking Spanish

    Hispanic customers accuse gas station cashier of refusing service for speaking Spanish

    Monday, February 19 2018 10:25 PM EST2018-02-20 03:25:47 GMT

    An evening night out to celebrate Valentine's Day turned into a viral discussion on social media for Tucson resident Guadalupe Lopez. 

    An evening night out to celebrate Valentine's Day turned into a viral discussion on social media for Tucson resident Guadalupe Lopez. 

  • Firefighter's killer to be released after 5 years

    Firefighter's killer to be released after 5 years

    Tuesday, February 20 2018 2:00 AM EST2018-02-20 07:00:48 GMT

    According to the Arizona Department of Corrections a man convicted of killing a Southern Arizona firefighter will be released on Tuesday. 

    According to the Arizona Department of Corrections a man convicted of killing a Southern Arizona firefighter will be released on Tuesday. 

  • Cold front queued up

    Cold front queued up

    Monday, February 19 2018 10:21 AM EST2018-02-19 15:21:45 GMT

    TUCSON - A quick hitting cold front sweeps through the state over the next 24 hours.

    TUCSON - A quick hitting cold front sweeps through the state over the next 24 hours.

Powered by Frankly

© KVOA.com 2018, KVOA.com
A CORDILLERA COMMUNICATIONS Station
All rights reserved
Privacy Policy, | Terms of Service, and Ad Choices

Can't find something?