Amazon Cutting Thousands of Jobs, the Latest Tech Titan Shrinking Its Workforce

From a Washington Post story by Rachel Lerman, Jacob Bogage, and Julian Mark headlined “Amazon plans to cut thousands of corporate workers”:

Amazon is preparing to carry out massive layoffs as soon as this week, cutting roughly 10,000 jobs and adding to a wave of jobs cuts thrashing the tech industry.

The cuts will be concentrated among the corporate workforce.

Amazon is the latest tech titan moving to aggressively shrink its workforce: Facebook, Twitter, Salesforce and others have announced significant layoffs this year — a jarring turnaround for an industry that had taken on an aura of invincibility after a decade of explosive growth.