Yahoo Finance
Amazon is expanding its logistics business, accelerating delivery speeds, and generating stronger profits.
But growth does not mean every Amazon warehouse or job remains safe.
A newly filed Worker Adjustment and Retraining Notification (WARN) notice shows that Amazon plans to shut down another Florida facility, affecting nearly 500 employees.
The closure follows a separate Amazon facility shutdown in the state that affected more than 600 workers.
Together, the two notices show how Amazon is adjusting its enormous fulfillment network even as the company handles more orders, delivers products faster, and opens its logistics infrastructure to outside businesses.
Amazon, the e-commerce giant, will shut down operations at its PBI3 facility at 7600LTCParkway in Port St.
17, according to a WARN notice reviewed by TheStreet.
The closure is expected to affect approximately 494 employees, with separations taking place on Sept.
Amazon said thelayoffsare expected to be permanent.
Meta layoffs take disturbing turn in new lawsuit Major snack brand closes plant, cuts 345 jobs JPMorgan Chase pushes fraud division layoffs, despite rising revenues However, employees who accept another position within Amazon before the separation date will not be laid off as part of the closure.
The company said affected workers would receive information regarding benefits and, where applicable, severance.
Most of the affected workers are fulfillment-center associates, with the notice listing 466 employees in the FC Associate I role.
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