Maybe everything isn’t turning up roses for the online retail giant. Executives make millions, stock is flying high, profits abound (finally), Whole Foods is a disaster, and former employees are looking for work. Matt Day in The Seattle Times:
Amazon is laying off hundreds of corporate employees, a rare cutback for a company that has spent most of the last few years in a frantic growth spurt.
Are those employees not valuable in any other position elsewhere within the Amazon Kingdom?
Hundreds of layoffs are modest for a company that is now the second-largest U.S.-based corporate employer, and pales in comparison to adjustments in recent years that saw Microsoft and Boeing eliminate thousands of jobs in a single cutting drive.
I guess not.