Amazon Is Laying Off 'Several Hundred' EmployeesThe pink slips will be predominantly given to workers in the company's consumer retail business, according to The Seattle Times.
This story originally appeared onPCMag
It's not a great day for hundreds of employees at Amazon's Seattle headquarters.
As was first reported byThe Seattle Times, Amazon is laying off "several hundred" workers in Seattle and "hundreds more elsewhere" -- an unusual move for the growth-obsessed online retail giant. There's no word as to exactly how many pink slips Amazon is handing out, but the layoffs will predominantly affect workers in the company's consumer retail business, two unnamed sources told the newspaper.
Amazon confirmed the layoffs in a Monday email toPCMag, but declined to offer any specifics.
"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," Amazon wrote. "For affected employees, we work to find roles in the areas where we are hiring."
Despite the layoffs, Amazon currently has some 3,900 corporate jobs open in Seattle and 12,000 worldwide. At the end of last year, the company employed more than 560,000 people globally.
In Seattle alone, Amazon employs more than 40,000 workers, up from 5,000 in 2010, according toThe Seattle Times. The newspaper reported that Amazon's rapid pace of growth over the last two years has "left some units over budget and some teams with too much staff for their work."
Apart from the layoffs, it's been business as usual for Amazon as of late. The company just paid big money for aSuper Bowl ad; launched aValentine's Day promotionoffering deals on Kindle, Fire and Echo devices; and added a new perk to Prime:two hour Whole Foods deliveries. Amazon also recently opened anautomated grocery storein Seattle and announced 20 finalists in its seach for asecond North American headquarters, or "HQ2."
