RetailUS

Amazon Layoffs

February 2024

Amazon announced a layoff affecting 400 employees in February 2024. The company operates in the Retail sector.

People Affected

400

Announced Date

Feb 6, 2024

About

Amazon is laying off hundreds of employees at its healthcare units, One Medical and Amazon Pharmacy, as part of a broader cost-cutting initiative. The exact number is estimated between 115 and 400 roles. This move follows a company-wide mandate to reduce One Medical's fixed costs, aiming to save an additional $100 million this year after the unit reported a $420 million operating loss in 2022. The layoffs, announced in early February 2024, reflect Amazon's ongoing efforts to streamline operations and exert more control over its healthcare acquisitions, amidst a series of job cuts across other divisions like Twitch and Prime Video at the start of the year.