Amazon plans 10,000 job cuts as Bezos warns of US recession

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Tech giant Amazon is reportedly planning to shed 10,000 jobs in its corporate and technology divisions as founder Jeff Bezos warned US businesses should “batten down the hatches”.

The news was first reported by the New York Times and would represent the largest cuts in Amazon’s history – about 3% of its corporate employees and less than 1% of its global workforce.

 

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