Here’s Why Amazon Says It’s Cutting 14,000 Workers While It’s ‘Performing Well’

More big job cuts are coming at Amazon.
Amazon (AMZN), the retail and tech giant, on Tuesday said it would cut around 14,000 jobs from its white-collar workforce. The news made it the latest corporate giant to do so—and one of several big tech companies that are paring back at a time when business is strong. Amazon is expected to reporting growing revenue and profits when it turns in its third-quarter results on Thursday.
In a letter published online, Amazon’s Senior Vice President of People Experience and Technology Beth Galleti admitted that