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RE: LeoThread 2024-10-22 09:10

in LeoFinance11 months ago

The closure of Amazon Today will result in a small number of layoffs, with employees being provided with severance. Others will be transitioned to other positions within the company. The service had around 300 employees working on it.

Amazon's decision to shut down Amazon Today is part of the company's efforts to cut costs and prioritize its investments. Since taking over as CEO in 2022, Andy Jassy has been focused on reducing costs and streamlining the company's operations. This has included laying off over 27,000 employees, axing several projects, and taking a harder line on the company's unproven and costlier bets.