Global  

“The world's speediest news portal”
One News Page
> >

Amazon is laying off hundreds of employees — and it shows the danger Seattle and HQ2 face by hitching their prosperity to the tech giant

Business Insider Monday, 12 February 2018
Amazon is laying off hundreds of employees — and it shows the danger Seattle and HQ2 face by hitching their prosperity to the tech giant· *Amazon will reportedly lay off hundreds of employees, primarily at its Seattle headquarters.*
· *Amazon employs more than 40,000 people in Seattle and has radically changed the city over the last decade.*
· *The cuts point to the danger of a city being too dependent on a single company, an issue Seattle and whatever city...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Wochit Business - < > Embed
News video: Amazon Announces Layoffs In Seattle

▶ Amazon Announces Layoffs In Seattle 00:38

According to the Seattle Times, Amazon is laying off hundreds of employees, primarily at the company's Seattle headquarters. The cuts will primarily affect the company's retail division. As of December, Amazon is America's second-largest employer with around 566,000 employees. More than 40,000 of...

Recent related news

Amazon resumes HQ expansion after Seattle tax compromise

Amazon has graciously resumed construction work in Seattle after the City Council "compromised" on a controversial tax that will see the tech giant -- that...
engadget - Technology

Amazon is not the villain

Amazon and other companies pay about 60 percent of Seattle’s taxes, not counting taxes employees pay. If the head-tax shifts jobs elsewhere, Seattle will...
Seattle Times - Front Page

Seattle OKs tax on Amazon, Starbucks and other giant companies to help the homeless

Seattle's largest businesses such as Amazon.com Inc. and Starbucks Corp. will have to pay a new tax to help fund homeless services and affordable housing under a...
L.A. Times - Business

Seattle Scales Back Tax in Face of Amazon’s Revolt, but Tensions Linger

After Amazon’s bold threat to curtail development in its hometown, the Seattle City Council approved a smaller tax than originally envisioned. Amazon says...
NYTimes.com - Front Page

You Might Like


Tweets about this


Other recent news in Technology

NETFLIX is making a royal wedding sequel to 'A Christmas Prince,' its surprise hit holiday movieAmerica is so obsessed with the ROYAL WEDDING that Meghan Markle briefly overtook Trump on Google
CAMBRIDGE ANALYTICA files for bankruptcy after being buried by legal fees and lost businessThe biggest game in the world, 'FORTNITE,' finally arrives on Android this summer
Hawaii VOLCANO: Kilauea Sends Ash 30,000 Feet High as Eruption IntensifiesJeff Bezos is spending $12 million to renovate his WASHINGTON, DC mansion — here's what it will look like when it's done

Recent related videos

News video: Amazon to Expand ‘Amazon Go’ Stores to Chicago, San Francisco

▶ Amazon to Expand ‘Amazon Go’ Stores to Chicago, San Francisco 00:51

Amazon to Expand ‘Amazon Go’ Stores to Chicago, San Francisco The company confirmed it is opening up two more of its cashier-free grocery stores in the cities. At the moment, the only other Amazon..
Source: Wibbitz Studio -

News video: Despite Amazon, Seattle Passes 'Head Tax' On Big Businesses To Fight Homelessness

▶ Despite Amazon, Seattle Passes 'Head Tax' On Big Businesses To Fight Homelessness 00:51

According to a report by Gizmodo, ending months of fierce debate, the Seattle City Council approved a version of the 'head tax' plan on Saturday, a progressive tax on big businesses to help fight..
Source: Wochit -

News video: Amazon CEO Addresses Trump Criticism

▶ Amazon CEO Addresses Trump Criticism 00:38

Amazon CEO Jeff Bezos and Axel Springer CEO Mathias Döpfner discuss the need to regulate large tech companies, the possibility of breaking up Amazon, and the importance of scrutinizing big..
Source: Wochit -

News video: Trump's Feud With Amazon Could Play Part In Re-Election Campaign

▶ Trump's Feud With Amazon Could Play Part In Re-Election Campaign 00:42

President Donald Trump's 2020 campaign manager, Brad Parscale, signaled Thursday that the president may escalate his battle with Amazon— and that it could be a theme for his reelection campaign. "Do..
Source: Wochit -

News video: Facebook And Amazon Creating Company Towns

▶ Facebook And Amazon Creating Company Towns 00:52

From Facebook to Amazon, mega-corporations are creating modern-day company towns. In Menlo Park, California, Facebook plans to build a new campus. The campus will contain 1,500 residences, a walkable..
Source: Wochit -

News video: This is the Best Place to Work in the U.S., According to LinkedIn

▶ This is the Best Place to Work in the U.S., According to LinkedIn 00:47

According to job site LinkedIn, professionals are flocking to a Seattle-based e-commerce giant...Amazon...Buzz 60's Chandra Lanier has the story.
Source: Buzz60 -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+