Amazon to Cut 1,300 Workers

Share this article:
Amazon.com yesterday said it will cut 1,300 jobs and close a distribution center in McDonough, GA, and a call center near its headquarters in Seattle.


A company statement didn't explain the restructuring, but it did acknowledge that the move would cost Amazon approximately $150 million.


Amazon also announced earnings results from the 4th quarter. The company's net loss was $90.4 million, or 25 cents a share, compared with $184.9 million, or 55 cents, a year earlier.


The company also had quarterly revenues of $972 million, which beat Amazon's recent estimate of $960 million, and was up from $676 million a year earlier.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

Stirista

Stirista

Founded in September 2009, Stirista is an integrated marketing agency that specializes in ...