Amazon lays off about 200 employees in its stores unit

Amazon lays off about 200 employees in its stores unit


Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. 

Miguel J. Rodriguez Carrillo | Getty Images

Amazon is laying off roughly 200 employees in its North America stores division, the company confirmed.

The core retail business, which Amazon also refers to as its stores division, encompasses a wide range of divisions, including its private label brands, Prime membership program, and consumables business.

“We’ve adjusted parts of our North America Stores team because we believe this structure will better enable us to deliver on our priorities,” an Amazon spokesperson said in a statement. “As part of these changes, we’ve made the difficult decision to eliminate a small number of roles, and we’re committed to supporting affected employees through their transition.”

The layoffs included employees in the fashion and fitness business, among others, the spokesperson said. Business Insider earlier reported on the job cuts.

Amazon CEO Andy Jassy has moved to rein in costs across the company, laying off about 27,000 employees since the beginning of 2022. The bulk of the job cuts came in 2022 and 2023, though they have been ongoing at a smaller scale, and have impacted almost every business across the company’s portfolio.

Amazon has also shuttered some of its more experimental and unprofitable initiatives, including its telehealth offering, a brick-and-mortar delivery program, and try-on service for clothing and shoes.

WATCH: Amazon Prime Video head of global sports on the brand’s ambitions

Prime Video head of global sports on the brand's sports ambitions



Source

Nvidia CEO Jensen Huang sells an additional .94 million worth of shares
Technology

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission.  Friday’s sale is part […]

Read More
Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE
Technology

Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE

Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images The Peter Thiel-backed cryptocurrency exchange Bullish filed for an IPO on Friday, the latest digital asset […]

Read More
Microsoft stops relying on Chinese engineers for Pentagon cloud support
Technology

Microsoft stops relying on Chinese engineers for Pentagon cloud support

Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support […]

Read More