Business

Amazon adds to tech-sector's woes with 9,000 more layoffs

Amazon.com Inc announced on Monday that it would be cutting 9,000 jobs, adding to a recent wave of layoffs that has hit the technology sector as the uncertain economy forces companies to reduce costs. The latest job cuts bring the total number of positions eliminated by Amazon to 27,000, which is equivalent to 9% of its corporate workforce of roughly 300,000 people. The layoffs will mainly affect…
Read more