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Wednesday, March 4, 2026

Tag: e-commerce slowdown

Amazon Plans Thousands More Layoffs in HR and Retail Next Week

Amazon is set to cut thousands of jobs, targeting HR and retail divisions, as part of major cost-cutting amid a business slowdown and falling stock.

UPS Cuts 48,000 Jobs in Major Restructuring to Boost Profits

UPS eliminates 48,000 positions amid Amazon slowdown and Trump tariffs. Stock surges 7% despite falling revenue as company focuses on higher-margin business.

Amazon to Cut 30,000 Jobs in Historic AI-Driven Restructuring

Amazon begins largest-ever layoff of 30,000 corporate roles as part of CEO Andy Jassy's cost-cutting strategy and AI efficiency push across tech sector.