Amazon’s 18,000 job cuts don't go far enough. We expect more layoffs are on the horizon

The regulator was concerned with Amazon’s dual role as both a marketplace and a competitor to merchants selling on its platform.

Nathan Stirk | Getty Images

Amazon‘s (AMZN) plans to cut 18,000 workers is a drop in the bucket relative to its workforce of roughly 1.5 million. It’s likely just the beginning as the e-commerce and cloud giant struggles to get a grip on its expenses.