Amazon to Lay Off Over 17,000 Workers, More Than First Planned

TL;DR

Amazon.com Inc.’s layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back amid economic uncertainty.The layoffs are concentrated in the company’s corporate ranks and represent roughly 5% of that element of its workforce, and 1.2% of its overall tally of 1.5 million employees as of September.Continue reading your article witha WSJ membershipa WSJ membershipAlready a member?Sign In- adidas:adidas Promo Code: 30% Off Sneakers + Free Shipping- Nike:Nike promo code: Get an extra 20% off select styles- American Eagle Outfitters:All Jeans + Pants 25% off!Plus, 60% off clearance with American Eagle promo code- Michael Kors:Sign Up For KORSVIP + Get 10% off your First Purchase w/ Michael Kors promo code- JCPenney:Today's JCPenney coupon code - 30% off entire purchase- Target:Get 20% Off with online Target promo code"

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