Amazon (AMZN.US) initiates a new round of small-scale layoffs, with the retail department as the hardest hit area
智通财经2026/10/08 03:21According to information from Zhitong Finance APP, Amazon (AMZN.US) confirmed on Wednesday that it has laid off a small number of employees, mainly from its Stores division responsible for its main e-commerce website. This round of layoffs is the latest small-scale staff reduction since Amazon's large-scale layoffs that began last year and continued into January this year. The previous round involved about 30,000 employees. A person familiar with the matter stated that Amazon cut fewer than 1,000 white-collar employees this time.
According to Zhihu Finance APP, Amazon (AMZN.US) confirmed on Wednesday that the company has laid off a small number of employees, mainly within its Stores division, which is responsible for its primary e-commerce website. This round of layoffs is the latest small-scale staff reduction following Amazon’s large-scale layoffs that began last year and continued until January of this year. The previous round affected about 30,000 employees. According to a source familiar with the matter, Amazon has cut fewer than 1,000 white-collar employees in this round.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays: High yields do not mean U.S. Treasuries are cheap, term premium determines risk
Barclays strategists Demi Hu and Anshul Pradhan stated in a report that, based on the valuation of U.S. Treasuries, higher yields do not necessarily mean Treasuries are cheap. The strategists noted that if most of the yield reflects market expectations for short-term interest rates, investors receive less additional compensation for holding duration assets compared to investing in shorter-term roll-over instruments. They said: “A higher term premium means higher compensation but also reflects greater uncertainty and duration risk.” They added that this distinction also influences risks at various points along the yield curve. The strategists indicated that if the recent monetary policy path is reassessed, the impacts should mainly be concentrated at the front and middle segments of the yield curve, i.e., in the medium-term range; while if the term premium or the assumption for the long-term neutral rate continues to rise, greater pressure will be exerted on the long end of the yield curve.
Nymex US crude oil futures main contract surpasses $91 per barrel, up 3.09% intraday
The main Nymex US crude oil futures contract has just surpassed the $91.00 per barrel mark, last quoted at $91.01 per barrel, up 3.09% on the day.
The head of the Bank of Japan Osaka branch says the weak yen benefits large enterprises but is unfavorable for small service businesses.
The President of the Osaka Branch of the Bank of Japan stated that large enterprises and exporters benefit from the weak yen, while smaller service-oriented companies are more susceptible to the negative impacts of yen depreciation.
INE crude oil futures main contract breaks through 760 yuan/barrel, up 9.28% intraday
The main contract of China's INE crude oil futures has just surpassed the 760.0 yuan/barrel mark, currently quoted at 760.7 yuan/barrel, with a daily increase of 9.28%. The main contract of US unleaded gasoline futures has just surpassed the $3.2800/gallon mark, currently quoted at $3.2804/gallon, with a daily increase of 1.43%.
Crypto prices
More
