Amazon (AMZN.US) Initiates a New Round of Small-Scale Layoffs, with the Retail Division Hit Hardest

Zhito Finance APP has learned that Amazon (AMZN.US) confirmed on Wednesday that the company has laid off a small number of employees, mainly in the Stores division responsible for its main e-commerce website. This round of layoffs is the latest small-scale reduction in staff since Amazon's large-scale layoffs that began last year and continued through January of this year. That previous round of layoffs involved about 30,000 people. A person familiar with the matter said Amazon cut fewer than 1,000 white-collar employees this time.