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Amazon cuts hundreds of jobs from its Seattle HQ due to ‘overstaffing’

Amazon is cutting several hundred corporate employees from its Seattle headquarters and global operations, reports The Seattle Times. The cuts are mostly from the consumer retail division and come as rapid growth has reportedly left some of Amazon’s various departments over budget, and some teams overstaffed. Amazon is the second largest US-based corporate employer, and the company has gone on a hiring spree over the past two years — with its Seattle headcount swelling from 5,000 people to more than 40,000.

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Published By: theverge.com - Tuesday, 13 February