Amazon expands layoffs from 10,000 to 18,000 jobs as stock price keeps falling

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Amazon announced plans for another round of job cuts yesterday, bringing the total number of layoffs since November to more than 18,000 worldwide.

"Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles," CEO Andy Jassy wrote in a message to employees that Amazon posted publicly. "Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organizations."

Amazon's physical stores include Amazon Go, Amazon Fresh, and Amazon Style. There was no mention of Whole Foods stores in Jassy's announcement. PXT is People Experience and Technology Solutions, the Amazon human resources division.

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