Amazon cuts more jobs, this time in books division
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Amazon has cut jobs in its books division, affecting fewer than 100 workers, including those at Goodreads and Kindle. This decision aims to improve efficiency and streamline operations. CEO Andy Jassy is working to reduce bureaucracy by cutting managerial roles. Despite these cuts, Amazon added about 4,000 jobs in the first quarter compared to the previous quarter. Shares of Amazon rose 0.3% on the day of the announcement but are down 5.6% for the year.
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