1. Amazon lays off 250 employees, informs them through early-morning emails

Amazon lays off 250 employees, informs them through early-morning emails

World

  • Amazon laid off 250 employees on Wednesday in its devices unit, which handles products such as Kindle e-readers and Echo speakers.
  • The job cuts followed a “thorough review” of Amazon’s organisational structure and are aimed at improving efficiency.
  • • Employees were informed of the layoffs through early-morning emails and text messages.
  • The cuts come less than a month after Amazon laid off around 1,000 employees in its core retail division.

Source: livemint.com

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