Amazon is laying off employees in the "low hundreds" in an effort to shift head count allocation to businesses that are growing, CNBC has learned.
The Seattle Times first reported that Amazon was laying off "hundreds" of employees and "managing out" others as the company consolidates its retail operations.
(Amazon is cutting hundreds of employees to shift resources to fast-growing businesses. CNBC. February 13, 2018)
Mr Evans was likely to have been “managed out”, a process that companies sometimes turn to as an alternative to redundancy programmes and as a way of selecting those employees they would like to lose. In the UK and the US, where the process is sometimes known as “counselling out”, it involves persuading an employee that it would be in their interests to leave, often with a reasonable financial settlement thrown in.
(How employers ‘manage out’ unwanted staff. Financial Times. March 16, 2017.)