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Amazon cuts 16,000 jobs in latest round of layoffs

Beth Galetti, a senior vice president at the e-commerce company, made the announcement on Wednesday in a blog post

PTI

NEW YORK: Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry.

Beth Galetti, a senior vice president at the e-commerce company, made the announcement on Wednesday in a blog post.

The cuts follow a round of job cuts in October, when Amazon laid off 14,000 workers.

She said US-based staff would be given 90 days to look for a new role internally before being offered severance pay, outplacement services and health insurance benefits.

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