In the upcoming weeks, Amazon plans to lay off 370 employees at its European headquarters in Luxembourg. At this workplace, this will be the largest round of job reductions ever. Approximately 8.5% of the 4,370 employees are impacted by the cuts. The layoffs follow Amazon's announcement
In an open letter to CEO Andy Jassy, more than a thousand Amazon employees urged the business to slow down its rapid implementation of artificial intelligence. Under the aegis of Amazon Employees for Climate Justice (AECJ), the workers criticised the company's "warp-speed," claiming it was too
As cybersecurity researchers report a dramatic increase in phoney holiday shopping domains that resemble prominent shops, Amazon has issued a Black Friday security notice alerting customers to be on guard for impersonation scams and phishing efforts aimed at collecting account logins and financial credentials. The giant of online shopping said
The quest for spectrum in the 6 gigahertz (GHz) band for mobile services by Reliance Jio and Vodafone Idea has been met with opposition from major U.S. tech companies Apple, Amazon, Cisco, Meta, HP, and Intel Corporation. Instead, the IT majors wanted the whole 6 GHz range to be
The IT sector is still feeling the effects of Amazon's largest layoffs in its history. The people who seem to be suffering the most are engineers. Nearly 40% of the 4,700 verified job layoffs in places including New York, California, New Jersey, and Washington involve engineering positions,
The New York Times reported that Jeff Bezos, the founder of Amazon, is supporting Project Prometheus, a new AI firm, and will serve as co-CEO of the company. Bezos is contributing to the $6.2 billion in funding that the new business is releasing. Remarkably, this is the first time
In a rare rift between the chipmaker and two of its largest clients, Amazon is joining Microsoft in endorsing legislation that might further restrict Nvidia's exports to China. The actions taken by Amazon and Microsoft to oppose a business with which they have a close relationship demonstrate how
According to data from Layoffs.fyi, the IT industry's major layoff wave has gotten worse in 2025, with over 1,000,000 workers losing their employment at 218 organisations so far. After years of overexpansion during the pandemic, tech firms from Bengaluru to Silicon Valley are reducing workers
According to various media reports, US retailer Target Corporation is letting off roughly 150 workers from its global capabilities centre (GCC) in India. The action is a component of the company's broader worldwide restructuring, which also includes the largest personnel decrease in ten years: 1,800 corporate job
According to various media reports, Amazon plans to lay off up to 30,000 corporate employees starting on October 28 in order to reduce costs and make up for hiring too many staff during the pandemic's peak demand. The number is close to 10% of Amazon's
In an attempt to expedite decision-making and speed efforts to restore the declining discount retailer's client base, Target said on October 23 that it is laying off roughly 1,800 corporate personnel. According to a corporate representative, the company intends to eliminate roughly 800 open positions and is
One of the biggest employers in the US, Amazon, is getting ready for a significant change in the way it manages its warehouses. Roughly over the next ten years, the firm plans to replace roughly half a million jobs with robots, according to internal documents and interviews that The New
As the bank seeks to further reduce costs and capitalise on efficiencies brought about by artificial intelligence (AI), Goldman Sachs has reportedly told its employees to anticipate another round of layoffs before the year finishes. According to an internal memo distributed to staff, the New York-based company intends to "
Amazon is preparing for a significant wave of layoffs once more. According to reports, the firm is planning to lay off up to 15% of the employees in its human resources department, which is internally referred to as the People eXperience and Technology (PXT) team. The HR department will be
According to various media reports, the Enforcement Directorate (ED) has offered to close a FEMA violation case against the Walmart group company Flipkart, provided it acknowledges its error and pays a fine. Flipkart was granted the option last week by the Enforcement Directorate in accordance with the Foreign Exchange Management
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Navratri is popularly known as the nine nights of celebration, worship, and playing garba. Every year, this festival brings a lot of people together in joy, tradition, and cultural pride. In 2025, several brands have also stepped into the festive mode with different Navratri advertising ideas to attract audiences in
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As India is gearing up for its biggest festive season, two popular household names, Amazon and Flipkart, are preparing for another high-stakes sales face-off. This year, it is not about huge discounts or midnight flash sales. The backdrop is far bigger, as it is the rollout of GST 2.0,
According to a recent Business Insider investigation into the tech giant's cost-cutting tactics, Amazon employees are now required to declare what proportion of their use of company-issued phones is connected to business, with their $50 monthly reimbursements being lowered proportionately depending on personal use. As firms trim their
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As India gears up to celebrate its 79th Independence Day on August 15, 2025, e-commerce giants are turning the celebration into a battleground where deals, discounts, and digital shopping carts are skyrocketing too. Each brand has launched a mega campaign, teasing early-access perks, bank discounts, flash deal mechanics, and brand-exclusive
As part of a significant restructuring of its audio division, Amazon is closing its Wondery podcast studio and laying off some 110 employees, according to Bloomberg News. In light of industry-wide difficulties, the move represents the tech giant's strategic shift away from its initial podcasting goals. As current
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In India, festivals are where cherished traditions meet heartfelt connections, and Raksha Bandhan perfectly captures that beautiful sibling relationship! From childhood memories to today's loving teasing, this festival celebrates every aspect of the brother-sister bond. Rakhi is just around the corner, and we're just as excited
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Let's admit it. We've always had that 'Friend-or-Foe' wali relationship with them. From banters, pillow fights, trolling, and sharing memes to the constant leg pulls, our siblings constitute an integral part of our lives. No matter how many times we fight with them or
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You don't need a college degree to land a top job! Many Indian and global companies now hire based on skills, not qualifications. Discover top companies in India where your talent matters more than your degree. Start your career journey today, no degree required!
Anthropic, the OpenAI competitor sponsored by Amazon, unveiled Claude 4, its most potent set of AI models to date, on 22 May. According to the business, the two models—Claude Opus 4 and Claude Sonnet 4—are setting a "new standard" for AI agents since they can compose