Amazon has announced that it is cutting 18,000 jobs – the biggest round of layoffs in the company’s history.

In a note to employees, CEO Andy Jassy confirmed that the e-commerce giant’s brick-and-mortar stores – including Amazon Fresh and Amazon Go – will be especially impacted by the cuts.

Those working in human resources may also be vulnerable as the workforce is reduced, he warned.

Amazon has more than 1.5 million employees around the world – with soaring inflation prompting consumers and businesses to cut back on expenditure.

At this stage, it is unclear how many redundancies are going to be made in the UK.