Amazon to cut over 18,000 jobs; e-commerce, HR divisions to be impacted

Amazon to cut over 18,000 jobs; e-commerce, HR divisions to be impacted

Amazon has announced that it will let go of more than 18,000 employees in response to the recent wave of corporate layoffs. On January 18, the company will start .

Amazon to cut over 18,000 jobs; e-commerce, HR divisions to be impacted

Amazon Inc. said on Tuesday that it has achieved an agreement with a group of lenders to receive a $8 billion unsecured loan from the e-commerce behemoth.