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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Henry Niman who wrote (92454)1/28/2000 12:44:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
Another Amazon layoffs article:

Amazon.com cuts 150 people from workforce

LOS ANGELES, Jan 28 (Reuters) - Internet retail pioneer Amazon.com Inc. (NasdaqNM:AMZN - news) said on
Friday that it had cut 150 people, or about two percent of its total workforce of 7,500.

``About 150 people are leaving the company. This is the result of an ongoing review,' said Bill Curry, a spokesman for the Seattle-based company.

Curry said the layoffs were spread throughout the company, but would not give further details.

``Our overall strategy has not changed one iota,' he said adding that the company is still growing across the product lines and services it offers in the
geographies its serves.

The company did not say whether the job cuts would result in a charge against earnings, and a spokesman was not immediately available.

Amazon's stock fell 6-13/16 to 60-1/8 on the Nasdaq.



To: Henry Niman who wrote (92454)1/28/2000 12:58:00 PM
From: Glenn D. Rudolph  Read Replies (4) | Respond to of 164684
 
Steve Frank gave some info on layoffs
207.235.5.146;

Henry,

Thank you. This is the same list of question that was on CNBC. There are no anwers and although there are job openings on the web site, there is no proof they actually are hiring anyone. A conference call explaining this would be appropriate as KO did earlier this week when they layed off.