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Amazon plans mass layoffs at parenting products unit after losses

E-commerce giant plans to terminate 263 Quidsi employees in New Jersey this summer

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Amazon.com Inc plans mass layoffs at its money-losing parenting products subsidiary Quidsi as part of a business restructuring, the company said in a document filed with the state of New Jersey on Wednesday.

San Francisco

AMAZON.COM Inc plans mass layoffs at its money-losing parenting products subsidiary Quidsi as part of a business restructuring, the company said in a document filed with the state of New Jersey on Wednesday.

The e-...

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