Layoffs Are Up, Hiring Is Down

News,

Job cuts and other changes at Amazon, the country’s second-largest private employer, rippled through the economy this week, throwing workers at the company and some of its partners into a tough job market.

On Wednesday morning, thousands of corporate employees at the online retailer learned they will lose their jobs, part of ongoing layoffs first announced in October.

The day before, Amazon said it would shutter its Amazon Fresh grocery stores, laying off retail workers across dozens of stores. That same day, UPS said that it would be slashing 30,000 delivery jobs this year due in part to Amazon sending it less business.

Please select this link to read the complete article from The Washington Post.