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Amazon Announces Layoffs in Healthcare Units to Cut Costs

Hundreds of positions across One Medical and Amazon Pharmacy are being eliminated as part of a $100 million cost-saving initiative, despite assurances of continued growth and customer focus.

  • Amazon Health Services announces layoffs across One Medical and Amazon Pharmacy units as part of a broader cost-cutting initiative.
  • The layoffs are expected to impact a few hundred roles, with estimates ranging from 115 to 400 positions.
  • Amazon's healthcare boss, Neil Lindsay, emphasizes that the layoffs are part of a normal business cycle and not indicative of the healthcare units' underperformance.
  • The job cuts aim to save One Medical $100 million in operating expenses this year, following a reported operating loss of $420 million in 2022.
  • Amazon continues to focus on growth and customer satisfaction in its healthcare offerings, with plans to hire more providers in 2024.
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