Amazon to lay off around 17,000 workers (up from 10,000 previously expected)

Dow Jones / Wall Street Journal (gated) with the headline, citing unnamed sources.

  • As of September, Amazon employed 1.5 million people, with a large percentage of them in its warehouses. The layoffs are concentrated in the company’s corporate ranks, some of the people said.
Wage rises for over half a million staff at the firm, pay boost by at least 50 cents and up to $3 pe

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