Amazon to axe thousands of jobs – London Business News | Londonlovesbusiness.com

Date:

Share:


Amazon is “overseeing thousands of job losses” and the company has told staff they are now seeking to axe 16,000 jobs globally.

Amazon’s latest culling of jobs is aimed to streamline their operations and the lay-offs will be in the US and some of the jobs will be cut in the UK.

Beth Galetti, senior vice president of people experience and technology at Amazon, told staff, “As I shared in October, we’ve been working to strengthen our organisation by reducing layers, increasing ownership and removing bureaucracy.

“Some of you might ask if this is the beginning of a new rhythm – where we announce broad reductions every few months. That’s not our plan.”

Rachel Fagan, organiser for the GMB union, said, “Amazon is showing itself for what it is; a company that cannot be trusted to do the right thing by working people in the UK.

“Amazon overseeing thousands of job losses will cause huge damage in towns and cities across the country.

“Now is the time for decision makers to see Amazon for what it is, a company fixated on eye-watering profits at the expense of workers and local people.”



Source link

━ more like this

The rising appeal of traditional goods in modern investment portfolios – London Business News | Londonlovesbusiness.com

Investment portfolios across the UK no longer rely solely on equities and bonds. Investors now look for assets that behave differently under pressure...

Apple’s premium-first iPhone launch plans could mean a longer wait for the base iPhone 18

Apple has historically launched its regular and Pro models side by side, but that tradition could be in for a shake-up this year....

Google Pixel Buds 2a leak shows a hot new color you can’t take your eyes off

Currently, the Google Pixel Buds 2a are available in two colors: Iris and Hazel. However, that could change soon. Google could refresh its...

Overall UK business confidence fell three points in January to 44% – London Business News | Londonlovesbusiness.com

Business confidence in London rose five points during January to 68%, according to the latest Business Barometer from Lloyds. Companies in London reported higher...

Foodservice price inflation accelerates in December as festive demand peaks    – London Business News | Londonlovesbusiness.com

Food and drink prices in the hospitality sector rose by 1.1% in December, according to the latest edition of the Foodservice Price Index...
spot_img