Online retail giant Amazon cutting hundreds of jobs

Money

Online retail giant Amazon is cutting hundreds of jobs as it focuses on investing in rapidly growing areas such as its voice control assistant, Alexa.

Amazon, which is worth more than $600bn, is understood to be slashing hundreds of roles from its head office in Seattle and hundreds more from its operations around the world.

Cutting jobs: Amazon, which is worth more than $600bn, is understood to be slashing hundreds of roles

Cutting jobs: Amazon, which is worth more than $600bn, is understood to be slashing hundreds of roles

Cutting jobs: Amazon, which is worth more than $600bn, is understood to be slashing hundreds of roles

It is unclear which parts of the business Amazon is cutting jobs from, but it is thought to mostly hit its consumer arm, which includes its retail and marketplace divisions. 

This also covers its Amazon Restaurants arm, which allows customers to order food from local restaurants for delivery, similar to Uber Eats and Deliveroo.

Amazon is increasingly looking at developing its voice-controlled computing and its cloud-computing division, Amazon Web Services, with many of its recent corporate hiring having been concentrated in these areas.

The retailer is said to be overstaffed and over budget after a rapid expansion, which saw it create about 130,000 jobs last year, with plans to hire another 50,000 at a new headquarters in North America.

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