Amazon To Axe 9000 More Jobs

Amazon said it would terminate another 9000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner.

In a remarkable turn for a company that has long promoted its job creation, Amazon will have eliminated 27,000 positions in recent months, or nine percent of its roughly 300,000-strong corporate workforce.

The latest cuts focus on Amazon's highly-profitable cloud and advertising divisions, once seen as untouchable until economic concerns led business customers to scrutinise their spending.

Amazon aims to finalise whom it will terminate in the new round of job cuts by April.

- CyberBeat