Reading Time: < 1 minute In a move that could hit the retail industry hard, Amazon has announced plans to cut ten thousand jobs. The layoffs will be in several areas including its device division, human resources, and retail division. However, the layoffs would represent only three percent of the company’s overall corporate workforce. As of September, Amazon employed 1.5 million people worldwide, a five percent increase over the previous year. It has more than 330,000 corporate and technology employees around the world. Regardless of the exact number of people affected by the layoffs, the…
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