ALBAWABA — Amazon announced workforce layoffs on Wednesday, blaming rapid hiring during the Covid-19 pandemic and the worsening global economic outlook. "Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles," said CEO Andy Jassy in a statement to staff. Its stock fell more than 1 percent on the news on Thursday, having already lost 50 percent of its ...