Amazon's decision to lay off thousands of people

Job cuts will cut costs, Amazon CEO 


newssoye Web Desk 

2 hours ago


Technology firm Amazon has decided to lay off thousands of people. 


Amazon's CEO says he is working on a package to cut 18,000 jobs, cutting costs. 


According to the company's chief executive, only six percent of the company's three lakh-strong corporate workforces will be cut. 


According to Amazon, employees are being offered packages that include severance pay, and interim health insurance benefits.

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