Amazon

Amazon News

After sacking 18,000 employees, Amazon plans to cut 9,000 more jobs
World

After sacking 18,000 employees, Amazon plans to cut 9,000 more jobs

This time around, the job cuts will hit profitable areas for the company including its cloud computing unit AWS and its burgeoning advertising business. Twitch, the gaming platform Amazon owns, will also see some layoffs

AI Race: How Siri, Alexa and Google Assistant lost to ChatGPT
Explainers

AI Race: How Siri, Alexa and Google Assistant lost to ChatGPT

Over the past decade, the products hit roadblocks. Siri ran into technological hurdles, while Amazon and Google miscalculated how the voice assistants would be used, leading them to invest in areas with the technology that rarely paid off

Amazon acquires One Medical to expand reach in healthcare: Report
Business

Amazon acquires One Medical to expand reach in healthcare: Report

Amazon stated that it is temporarily going to provide annual memberships to access the services of One Medical at a discounted rate of $144 for the first year

Amazon's corporate workers could see pay reduction as company's stock price slips
Business

Amazon's corporate workers could see pay reduction as company's stock price slips

Weakening demand, slower growth of retail business and a broader technology slowdown has led to Amazon’s stock trading at roughly $97, a fall of over 35 percent in the past year

Watch: Amazon tests their robotaxi on public roads among traffic, with employees as passengers
World

Watch: Amazon tests their robotaxi on public roads among traffic, with employees as passengers

Amazon recently tested Zoox, their robotaxi on public roads. The driverless cab even had Amazon's employees sitting in it as passengers. Amazon plans to use Zoox on their own campuses and lease it out to cab companies like Uber for public use.

Turkey, Syria earthquake: How Big Tech is coming to the rescue
Explainers

Turkey, Syria earthquake: How Big Tech is coming to the rescue

Tech companies have extended a helping hand to earthquake-stricken Turkey and Syria. While Apple and Google have announced that they will make donations toward the relief and recovery efforts, Amazon has said that it will donate food, medicine and equipment from its Istanbul warehouse

Amazon scales back air cargo service as demand falls: Report
Business

Amazon scales back air cargo service as demand falls: Report

ATSG informed on Monday that Amazon may not extend its leases on five Boeing 767-200 freighters, which are set to expire between May and September this year

Layoffs in Tech: What Apple’s CEO Tim Cook has to say about tech companies laying off talent
World

Layoffs in Tech: What Apple’s CEO Tim Cook has to say about tech companies laying off talent

When tech companies like Google and Microsoft went berserk during their hiring spree, Apple took a more careful approach. Tim Cook also took a methodical approach to invest in futuristic tech like AI and augmented/virtual reality.

One third of Amazon 'degraded' by human activity, drought
World

One third of Amazon 'degraded' by human activity, drought

In a study published in the journal Science, the researchers said the damage done to the forest which spans nine countries is significantly greater than previously known

German software giant SAP to slash 3,000 jobs in mammoth cost-cutting bid
World

German software giant SAP to slash 3,000 jobs in mammoth cost-cutting bid

The Walldorf-based group, which offers both traditional software and cloud-based computing services, has a workforce of 120,000 employees worldwide, meaning it plans to shed some 3,000 jobs. The move follows similar cuts announced by tech giants Meta, Amazon, Google, IBM and Microsoft

Amazon’s battle with newly-formed union continues despite workers’ historic win
Business

Amazon’s battle with newly-formed union continues despite workers’ historic win

Regardless of an increase in organising efforts, the share of workers who belong to unions has continued to shrink over the years, dropping to 10.1 percent last year from 10.3 percent in 2021.

Amazon kicks off Air freight business in India in four metro cities
Business

Amazon kicks off Air freight business in India in four metro cities

Amazon has more than five million Amazon Prime subscribers across India which is one of the company's largest and fastest-growing international markets

Brazil police: Colombian businessman ordered killings of indigenous expert, British journalist in Amazon
World

Brazil police: Colombian businessman ordered killings of indigenous expert, British journalist in Amazon

Pereira and Phillips were traveling in the remote area of the Amazon when they disappeared. Their bodies were recovered later. Phillips was researching for a book about how to save the world’s largest rainforest

Amazon founder Jeff Bezos likely to sell Washington Post to buy NFL team Commanders, say reports
World

Amazon founder Jeff Bezos likely to sell Washington Post to buy NFL team Commanders, say reports

Jeff Bezos bought the Washington Post in 2013 for $250 million. New York Post reported that Bezos is 'looking to clear the way' to get the Commanders from embattled owner Dan Snyder

From Microsoft, Amazon, Google to Wipro, a look at major job cuts in January
World

From Microsoft, Amazon, Google to Wipro, a look at major job cuts in January

While all firms may not be on Layoffs.fyi list, here is a look at the major job cuts in IT, IT services and other sectors in January 2023

Brazil's President Lula da Silva works to reverse Amazon deforestation
World

Brazil's President Lula da Silva works to reverse Amazon deforestation

Environmentalists, Indigenous people and voters sympathetic to their causes were important to Lula's narrow victory over Jair Bolsonaro. Now Lula is seeking to fulfil campaign pledges he made to them, from expanding Indigenous territories to halting a surge in illegal deforestation

Amidst thousands of job cuts #layoffs trends on Twitter, sparks meme fest
India

Amidst thousands of job cuts #layoffs trends on Twitter, sparks meme fest

After a legion of job cut reports has set the internet ablaze, needless to say, it has sparked a meme fest, as #layoff and #layoff2023 are trending on Twitter

Peloton hires former Twitter executive Leslie Berland as new chief marketing officer
Business

Peloton hires former Twitter executive Leslie Berland as new chief marketing officer

The hiring of Berland improves Peloton's executive team following a significant management restructuring last year. John Foley, the former CEO of Peloton, as well as the company's co-founders all left the company in recent months

Explained: Why is Microsoft laying off thousands of more employees from today?
World

Explained: Why is Microsoft laying off thousands of more employees from today?

According to media reports, Microsoft may announce layoffs in its engineering divisions. The job-slashing plan is the largest among recent layoffs that have impacted the once-unassailable US tech sector

Amazon faces fresh pressure from British lawmakers over warehouse working conditions
World

Amazon faces fresh pressure from British lawmakers over warehouse working conditions

The bone of contention is whether Amazon uses tracking technology in its warehouses in Britain primarily to survey worker productivity – a claim that Amazon has repeatedly denied – or to promote worker safety, as the company says