Amazon confirms layoffs in Pharmacy unit amid broad cost-cutting measures

  • Amazon confirm dismissal of a small number of Pharmacy unit employees, with around 80 laid off.
  • This follows recent company-wide cuts, including the largest in Amazon’s history, targeting unproven investments and reducing expansion.
  • The e-retailer is grappling with economic downturn and stagnating revenue growth; its attempts to penetrate the healthcare market have had mixed results.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications