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International Business Times
International Business Times
Business

Amazon Lays Off Nearly 700 Corporate Employees in New York City

A photo shows a package for dispatch in a redistribution centre of US online retail giant Amazon in Horn-Bad Meinberg, western Germany, on December 9, 2024.

Amazon has confirmed it is cutting nearly 700 corporate jobs across its New York City offices as part of a larger company-wide restructuring.

The move is part of a sweeping plan that will see roughly 14,000 corporate positions eliminated worldwide as the e-commerce giant looks to streamline operations and reduce costs.

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