Amazon is set to cut thousands of jobs across the U.S., Canada and Costa Rica by the end of the day
The layoffs are the latest in the U.S. technology sector, with companies cutting their workforce and slashing costs to prepare for a worsening global economy.
About 18,000 employees, or six per cent of the 300,000 corporate employees, would be out of a job.
The impact will be felt mostly in the e-commerce and human resources division.
This news comes on the back of Microsoft cutting 10,000 jobs, as revealed yesterday.
