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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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Published Thu, Mar 30, 2017 · 09:50 PM

    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-commerce giant plans to terminate 263 employees in New Jersey this summer, according to a notice filed with the state's Department of Labor and Workforce Development.

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