Amazon begins another round of layoffs, with employees in Singapore not spared

Amazon has commenced layoffs in its cloud services division, Amazon Web Services (AWS), impacting 9,000 employees worldwide, including Singaporean staff. The layoffs follow a hiring spree during the pandemic and slowing growth in the unit, as corporate customers seek to reduce expenses.

Singapore records an all-time low in quarterly employment rate, retrenchments also double

Singapore saw its lowest quarterly employment rate between April and June (Q2),…