Logistics sector eyes Amazon retail job cuts with concern
Amazon ' s plans to lay off around 10,000 corporate and technology jobs – 3 % of its workforce – has sparked concerns it is set to begin axing roles in logistics .
The cuts include Amazon ’ s retail division , which is responsible for online shopping , physical retail and a chunk of the firm ’ s logistics operations .
Amazon has scaled back its logistics operations in recent months . The company has delayed , or is closing , 60 warehouses , as well as scrapping services like free Whole Foods delivery , and its Scout home delivery robot as it contends with slowing e-commerce growth .
Like many businesses , Amazon is struggling in the face of soaring inflation and rising interest rates .
There is concern in the wider logistics sector that Amazon ’ s shrinking retail operation might have a knock-on effect on Amazon Freight , a third-party logistics operation that in the UK and Europe alone , runs a network of 6,500 trailers and 13,000 carrier partners .
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