Amazon Is Cutting Hundreds of Corporate Jobs

According to a Seattle Times report, Amazon is laying off hundreds of corporate workers in its Seattle headquarters and elsewhere. "The corporate cuts come after an eight-year hiring spree, taking the company from 5,000 in 2010 to 40,000 in its Seattle headquarters and gobbling up several retail businesses throughout the country," reports TechCrunch. From the report: However, according to the report, Amazon's rising employee numbers over the last two years left some departments over budget and with too many staff on hand. In the last few months, the company implemented hiring freezes to stem the flow of new workers, cutting the number of open positions in half from the 3,500 listed last Summer. The layoffs will mainly focus on Amazon's Seattle office, but there have already been cuts in some of its retail subsidiaries in other parts of the country, such as the Las Vegas-based online footwear retailer Zappos, which had to lay off 30 people recently. And the company behind Diapers.com, Quidsi, had to cut more than 250 jobs a year ago. The moves suggest Amazon may be trying to rein in spending and consolidate some of its retail businesses.