Amazon lays off about 200 employees in its stores unit

1. Amazon is laying off 200 employees in North America stores division. 2. Job cuts are part of a larger cost-reduction strategy by CEO Andy Jassy. 3. Amazon has laid off approximately 27,000 employees since 2022. 4. These layoffs affect various segments, including fashion and fitness. 5. Company prioritizes operational efficiency by eliminating unprofitable initiatives.