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"A Hint Of The Great Depression": Amazon Layoffs Spark Fierce Online Backlash
Amazon plans to lay off 30,000 corporate employees, nearly 10 per cent of its corporate workforce, triggering strong online backlash.
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Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
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US Lawmakers Seek Answers From Firms Over H-1B Visa Use Amid Layoffs
US lawmakers have asked major US companies, including Apple, Amazon and JPMorgan, to explain why they are hiring thousands of foreign workers on H-1B visas while cutting other jobs, the Wall Street Journal reported on Wednesday.
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Amazon Cloud Boss Calls Replacing Junior Workers With AI 'Dumbest' Idea
Amazon Web Services CEO, Matt Garman, said companies should keep hiring graduates and teaching them how to build software.
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Amazon's Vega TV OS Expected to Debut on First Streaming Device in 2025: Report
Amazon is reportedly planning to launch a TV streaming device powered by its in-house, Linux-based Vega OS later this year, as it plans to move away from Android-based Fire OS. Amazon is said to be engaging with streaming platforms to convince them to release apps for the new Vega TV OS and is hiring developers for the Vega TV platform.
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
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Amazon AGI SF Lab Focused on Developing New Capabilities of AI Agents Established
Amazon announced setting up a new artificial intelligence (AI) laboratory on Monday. Dubbed Amazon AGI SF Lab, the new research lab will be based in San Francisco and focus on developing AI agents with real-world applications. The Seattle-based tech recently hired several top executives from the startup Adept AI Labs and will be seeding the new div...
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Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
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GameStop Ousts CEO, Posts Bigger-Than Expected Quarterly Loss
Ryan Cohen, the billionaire investor whose bold bet on GameStop made him a hero to meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss. Investors pushed the stock price down more than 20 percent in after-hours trading, continuing a roller-coas...
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"Wouldn't Revoke": Amazon After It Defers Offer Letters Of Campus Hires
The biggest online retailer in the world spent a substantial portion of last year adjusting to a significant slowdown in e-commerce growth as consumers resumed their pre-pandemic behaviours.
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Job Search Platform Indeed to Cut 2,200 Jobs, CEO to Take 25 Percent Pay Cut
US-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15 percent of its workforce, joining a host of companies rationalizing their labour force following a pandemic-fuelled hiring boom.
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Apple Avoids Mass Layoffs Amid Ongoing Slowdown Because of Efficient Hiring During the Pandemic: Details
Apple is under less pressure to lay off workers amid the ongoing economic slowdown thanks to cautious hiring during the pandemic, compared to rivals Amazon, Microsoft, and Google that have laid off thousands of workers. While the Cupertino company has frozen hiring in some areas and is keeping a lid on spending, it hasn’t yet resorted to mass lay...
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Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
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On LinkedIn, Amazon Employees Post They Want New Jobs, Bosses Are Aware
With job cuts mounting across tech, finance and other industries, why wait to get fired when you can skip directly to being hired?
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"Teammate Leaked Info": Amazon On Sudden Announcement Of 18,000 Job Cuts
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact that the retail giant has "hired rapidly over the last several years."
-
"A Hint Of The Great Depression": Amazon Layoffs Spark Fierce Online Backlash
Amazon plans to lay off 30,000 corporate employees, nearly 10 per cent of its corporate workforce, triggering strong online backlash.
-
Amazon Is Reportedly Planning to Replace Half a Million Workers With Robots and Automation
Amazon is reportedly planning to replace human workers with AI-powered robots to cut costs and boost efficiency. Internal documents suggest the company could avoid hiring around 6,00,000 US workers by 2033 through warehouse automation. To soften backlash, executives are reportedly advised to use terms like “advanced technology” or “cobots” ...
-
US Lawmakers Seek Answers From Firms Over H-1B Visa Use Amid Layoffs
US lawmakers have asked major US companies, including Apple, Amazon and JPMorgan, to explain why they are hiring thousands of foreign workers on H-1B visas while cutting other jobs, the Wall Street Journal reported on Wednesday.
-
Amazon Cloud Boss Calls Replacing Junior Workers With AI 'Dumbest' Idea
Amazon Web Services CEO, Matt Garman, said companies should keep hiring graduates and teaching them how to build software.
-
Amazon's Vega TV OS Expected to Debut on First Streaming Device in 2025: Report
Amazon is reportedly planning to launch a TV streaming device powered by its in-house, Linux-based Vega OS later this year, as it plans to move away from Android-based Fire OS. Amazon is said to be engaging with streaming platforms to convince them to release apps for the new Vega TV OS and is hiring developers for the Vega TV platform.
-
Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
-
Amazon AGI SF Lab Focused on Developing New Capabilities of AI Agents Established
Amazon announced setting up a new artificial intelligence (AI) laboratory on Monday. Dubbed Amazon AGI SF Lab, the new research lab will be based in San Francisco and focus on developing AI agents with real-world applications. The Seattle-based tech recently hired several top executives from the startup Adept AI Labs and will be seeding the new div...
-
Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
-
GameStop Ousts CEO, Posts Bigger-Than Expected Quarterly Loss
Ryan Cohen, the billionaire investor whose bold bet on GameStop made him a hero to meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss. Investors pushed the stock price down more than 20 percent in after-hours trading, continuing a roller-coas...
-
"Wouldn't Revoke": Amazon After It Defers Offer Letters Of Campus Hires
The biggest online retailer in the world spent a substantial portion of last year adjusting to a significant slowdown in e-commerce growth as consumers resumed their pre-pandemic behaviours.
-
Job Search Platform Indeed to Cut 2,200 Jobs, CEO to Take 25 Percent Pay Cut
US-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15 percent of its workforce, joining a host of companies rationalizing their labour force following a pandemic-fuelled hiring boom.
-
Apple Avoids Mass Layoffs Amid Ongoing Slowdown Because of Efficient Hiring During the Pandemic: Details
Apple is under less pressure to lay off workers amid the ongoing economic slowdown thanks to cautious hiring during the pandemic, compared to rivals Amazon, Microsoft, and Google that have laid off thousands of workers. While the Cupertino company has frozen hiring in some areas and is keeping a lid on spending, it hasn’t yet resorted to mass lay...
-
Big Tech Is Firing Employees by the Thousands. Why? and How Worried Should We Be?
Since the end of the pandemic hiring spree, large numbers of employees have been fired from major tech companies, including Alphabet (12,000 employees), Amazon (18,000), Meta (11,000), Twitter (4,000), Microsoft (10,000) and Salesforce (8,000). Why exactly led to this massive shakeout? And what does it mean for the industry, and you?
-
On LinkedIn, Amazon Employees Post They Want New Jobs, Bosses Are Aware
With job cuts mounting across tech, finance and other industries, why wait to get fired when you can skip directly to being hired?
-
"Teammate Leaked Info": Amazon On Sudden Announcement Of 18,000 Job Cuts
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact that the retail giant has "hired rapidly over the last several years."
