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Amazon Begins Second Round Of Layoffs, But Wall Street Is Unimpressed

Por: Forbes Business March 21, 2023

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(Photo by Chesnot/Getty Images)Getty Images Key takeaways The mass layoffs klaxon has sounded again. Amazon has become the second Big Tech company to announce further layoffs, with the latest job cuts set to total 9,000 roles lost. It comes after Meta announced a similar-sized layoffs round, but the two stocks performed very differently after their respective news. While Meta was up, Amazon’s share price has dropped 2% since the report was... + full article



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