Amazon Is Laying Off Hundreds of Employees at Its Seattle Headquarters

Fortune -

Fortune—It's a rare move for the online retailing giant.

Amazon is laying off hundreds of employees — and it shows the danger Seattle and HQ2 face by hitching their prosperity to the tech giant. Amazon will reportedly lay off hundreds of employees, primarily at its Seattle headquarters. Amazon employs more than 40,000 people in Seattle and has radically changed the city over the last decade. The cuts point to the danger of a city being too dependent on a single company, an issue Seattle and whatever city wins HQ2 will face in the coming decades. Amazon is laying off hundreds of employees, primarily at the company's Seattle headquarters, according to the Seattle Times. The cuts will...