Amazon has stated that it plans to cut thousands of jobs as it battles to save costs during an unstable economic climate.
The online giant, which employs 1.5 million people worldwide, has said it will cut 18,000 from their roster, reports the BBC. They have not stated where the job cuts will come from, but confirmed that it will include Europe.
Most of the job losses will come from its consumer retail business and its human resources division. Boss Andy Jassy has noted that the "uncertain economy" is at fault for the cuts, saying that Amazon has "hired rapidly over several years."
