Amazon laying off corporate employees in rare cutback
Amazon is laying off hundreds of corporate employees, a rare cutback for a company that has spent most of the last few years in a frantic growth spurt.
The layoffs, underway now, will fall on several hundred employees at the online retailer’s Seattle headquarters, along with hundreds more elsewhere in Amazon’s global operations, one person familiar with the cuts said. The layoffs are primarily focused on Amazon’s consumer retail businesses, according to two people familiar with the matter.
Hundreds of layoffs are modest for a company that is now the second-largest U.S.-based corporate employer, and pales in comparison to adjustments in recent years that saw Microsoft and Boeing eliminate thousands of jobs in a single cutting drive.
But at Amazon, a company with a wide range of growing businesses that prides itself on frugality and efficient allocation of resources, broad layoffs of any kind are rare.
Read more: https://www.seattletimes.com/business/amazon/amazon-laying-off-corporate-employees-in-rare-cutback/
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And you can't blame it on the stock market yet. What gives? I thought we were doing so well that the corporations were able to get giant, permanent tax cuts. Were we lied to by the GOP and Fucking Moron? They would never do that, would they? 
