Amazon plans more warehouses and higher headcount in Europe

By Helen Reid BARCELONA (Reuters) – Amazon plans to open new warehouses and hire more people in Europe, an executive said on Tuesday, even as squeezed consumer spending forces the tech giant to cut costs globally and lay off some employees. Amazon has invested 142 billion euros ($156 billion)in Europe since 2010, and its growth in the region was boosted in recent years from COVID-19 lockdowns driving shopping online. Stefano Perego, vice president of global operations for North America and Europe, said Amazon’s footprint in Europe would increase from more than 70 fulfilment centres currently, …

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