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Stock impact report

Amazon delivers Seattle purge ahead of earnings [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
When Amazon announced on January 28 that it would be reducing 16,000 positions across the organization, the bigger question was how many would be local? Now, in the first WARN Worker Adjustment and Retraining Notification ) notice since the official announcement, Amazon has notified that it is laying off workers in Washington state. The majority of which, approximately 1,400, are in Seattle, the home of this e-commerce giant's headquarters. Bellevue is next in terms of the number of affected employees, with over 600, according to the notice. Additionally, 116 cuts affected remote employees residing in Washington state. The job title list suggests a clear pattern: a majority of these positions are corporate tech-related, particularly engineering and product management roles, with some manager and senior manager roles mixed in. This aligns with Amazon's description of these roles being an organizational reset rather than a shutdown of a particular site. According to the filing, Show less Read more
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