Amazon has cut more jobs under the promotion of cost savings: Report-AMAZON.com (NASDAQ: AMZN)

Amazon.com inc Amzn Bloomberg reported that after the recent review, after cutting costs, dozens of people’s communication and sustainable units have reduced dozens of employees.

CNBC reports that the e -commerce giant may re -hire some employees to act as a lower level and re -assign the number of people in other fields in the organization.

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The report states that Amazon will provide financial support and interests to the affected workers.

By 2021, Amazon’s global labor has soared to 1.6 million during the period of 1921, higher than 798,000 people in the fourth quarter of 2019. The company has more than 1.5 million employees at the end of the third quarter.

Recently, the company has withdrawn its operation in Quebec, Canada, and has reduced nearly 1,700 full -time jobs.

Amazon created a record -recorded company in 2022, affecting 27,000 positions, and then multiple smaller layoffs. The company also urged its employees to report to the office every Friday.

Other technology companies have also seen similar trends. The recent report shows Microsoft Corp MSFT It is planned to stop a part of the recruitment of its consultation business in the United States, affecting less than 1 % of its employees.

Microsoft fired 10,000 employees in early 2023, which means 4 % -5 % of its labor force. In January 2024, Microsoft’s game unit reduced 1,900 jobs.

In 2023, Alphabet inc Goog Googl Google Reduced 12,000 jobs, affecting about 6 % of the labor force. Since November 2022, Yuan Platform company Yuan It means that 21,000 employees have been fired, which means 25 % of its labor.

Analyst from Needham and Bank of America Securities It is optimistic about Amazon’s prospects because of the growth of Amazon network services, retail margin efficiency and a large number of AI drive cloud opportunities. Amazon’s focus on robotics, main video advertisements and cloud innovation have made the company’s position as many years of profit growth.

In the past 12 months, Amazon’s stock has risen 48 %. Investors can pass Inspection of True MSCI Consumer Delicate Index ETF FDIS and Proshares online retail ETF ONLNEssence

Price action: AMZN shares fell 0.63 % on Thursday to $ 235.52.

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