Amazon to cut 9,000 more jobs

It emerged that Amazon, the world's largest online retailer, would lay off about 9,000 employees, or nearly 3 percent of its workforce. The new layoffs are on top of the previous round which began in November last year and stretched into January. That round affected more than 18,000 Amazon workers. “Given the uncertain economy in which we reside and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” chief executive Andy Jassy said in a letter sent to employees on Monday.