Lede

Amazon has announced that it will be closing Book Depository, a UK-based bookseller that it bought in 2011, as part of its efforts to reduce costs.

Summary

• Book Depository, a global online book store, will cease operations on April 26, but customers can place orders until midday UK time on that day.
• The company will continue to provide support to customers with their orders until June 23.
• Book Depository was founded in the UK in 2004 and sells over 20 million books, with free delivery to more than 120 countries.
• Amazon is making significant cuts to its workforce in an effort to reduce costs, including cutting more than 18,000 roles globally in January and a further 9,000 jobs in March.
• The closure of Book Depository is part of these cost-cutting measures, although it is unclear how many layoffs will result from the closure.