The job market has been getting a lot tougher.
The U.S. unemployment rate has fallen to 7.3% from 8.1% in October, and more than 4 million people are looking for work, according to the Bureau of Labor Statistics.
Many employers are cutting back, and people are trying to find new ways to stay employed.
The number of people seeking jobs at Amazon has dropped dramatically, according the Labor Department.
In the first six months of 2017, Amazon was losing about 1,500 jobs a day, compared to about 3,500 a day the same period in 2016, according an estimate by the company.
The company says it’s now down to around 3,000 jobs per day, with more layoffs expected.
The job losses at Amazon have also hit the company’s profit margins.
Last year, the company made a loss of $5.4 billion, or about 4% of its revenue.
Amazon is not the only company that has been hit by the job market.
Many other tech companies have seen their share prices drop.
Apple, for instance, reported a net loss of about $1.3 billion for the first half of this year, after posting a profit of $21.4 million in the first quarter of 2017.
This loss was mainly due to a weaker dollar, as the company reported lower-than-expected earnings.
Alphabet Inc., Google, Facebook, and Netflix also have lost money.
Other tech stocks, like Amazon and Netflix, have had tough times.