Amazon Announces 18,000 Job Cuts

The logo of Amazon at the company's logistics center in Bretigny-sur-Orge, near Paris on Nov. 25, 2022. Benoit Tessier/Reuters

Amazon informed staff on Wednesday that it plans to cut 18,000 jobs amid slowing consumer and corporate spending.

The cuts include workforce reductions already announced in November. The company had previously flagged that it would make additional cuts this year.