Amazon’s ($AMZN@US) job cuts impact a broad range of its business, including retail, grocery stores, robotics, drone delivery, and cloud computing, according to data circulating on LinkedIn. About 2,300 jobs were cut in Amazon’s home state of Washington, 500 in California, and 300 in New York. The layoffs follow over a decade of rampant growth and expansion in the company’s fulfillment centers. The tech giant's shares lost half their value in 2022, the worst year since the 2000 dot-com crash. Analysts expect revenue growth to decline 6 percent and remain in the single digits until the final period of 2023. Amazon announced in January that it would lay off 18,000 workers, the largest round of cuts in the company's history.
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