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Amazon Employees In 'Constant Panic', Unable To Sleep Amid Layoff Threat, Viral Post Reveals Reality
After Amazon announced plans to cut roughly 14,000 corporate jobs globally, a Reddit user narrated their friend's experience, who currently works with the American company.
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Bitcoin Slips to $109,000 as Traders React to Uncertainty Over Future US Fed Rate Cuts
Bitcoin’s price hovered near $109,900 (roughly Rs. 97.5 lakh) on Friday after the Federal Reserve’s cautious remarks dampened risk appetite. Despite a 25bps rate cut earlier in the week, comments by Fed Chair Jerome Powell signalled uncertainty on future policy moves, dragging the broader crypto market lower. Ethereum and major altcoins also de...
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Man Quits Toxic Company, Claims Management Now 'Begging' Him To Stay: 'Trust Broken'
A marketing head at a medium-sized company in India quit after the bosses restructured the salary without any discussion.
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Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
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Layoffs Are Piling Up, Here Are Some Companies That Have Cut Jobs Recently
Amid wider economic uncertainty, some analysts have said that businesses are at a "no-hire, no fire" standstill. That's caused many to limit new work to only a few specific roles, if not pause openings entirely.
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As Amazon Doubles Down On AI, 14,000 Corporate Roles Face The Axe
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.
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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 Said to Cut as Many as 30,000 Corporate Jobs Starting This Week
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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Amazon To Lay Off 30,000 Corporate Employees In Largest Job Cut Since 2022: Report
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
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"Feels Like A Betrayal": Microsoft Manager Laid Off After 20-Year Stint
Joe Friend was among 15 members of his working group, including four other managers, who were let go.
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Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
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Indian Man's AI Startup Opens Doors To 600 Laid-Off Meta Employees With High Salaries
The offer comes amid Meta's push for leaner operations, with cuts targeting its Fundamental AI Research (FAIR) unit, AI product teams, and infrastructure groups.
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Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
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Meta To Cut 600 Jobs In AI Division To Streamline Operations
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday.
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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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Amazon Employees In 'Constant Panic', Unable To Sleep Amid Layoff Threat, Viral Post Reveals Reality
After Amazon announced plans to cut roughly 14,000 corporate jobs globally, a Reddit user narrated their friend's experience, who currently works with the American company.
-
Bitcoin Slips to $109,000 as Traders React to Uncertainty Over Future US Fed Rate Cuts
Bitcoin’s price hovered near $109,900 (roughly Rs. 97.5 lakh) on Friday after the Federal Reserve’s cautious remarks dampened risk appetite. Despite a 25bps rate cut earlier in the week, comments by Fed Chair Jerome Powell signalled uncertainty on future policy moves, dragging the broader crypto market lower. Ethereum and major altcoins also de...
-
Man Quits Toxic Company, Claims Management Now 'Begging' Him To Stay: 'Trust Broken'
A marketing head at a medium-sized company in India quit after the bosses restructured the salary without any discussion.
-
Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
-
Layoffs Are Piling Up, Here Are Some Companies That Have Cut Jobs Recently
Amid wider economic uncertainty, some analysts have said that businesses are at a "no-hire, no fire" standstill. That's caused many to limit new work to only a few specific roles, if not pause openings entirely.
-
As Amazon Doubles Down On AI, 14,000 Corporate Roles Face The Axe
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.
-
"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 Said to Cut as Many as 30,000 Corporate Jobs Starting This Week
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
-
Amazon To Lay Off 30,000 Corporate Employees In Largest Job Cut Since 2022: Report
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
-
"Feels Like A Betrayal": Microsoft Manager Laid Off After 20-Year Stint
Joe Friend was among 15 members of his working group, including four other managers, who were let go.
-
Target To Cut 1,800 Corporate Jobs To Remove "Layers, Overlapping Work"
About 1,000 employees are expected to receive layoff notices next week, and the company also plans to eliminate about 800 vacant jobs, a company spokesperson said.
-
Indian Man's AI Startup Opens Doors To 600 Laid-Off Meta Employees With High Salaries
The offer comes amid Meta's push for leaner operations, with cuts targeting its Fundamental AI Research (FAIR) unit, AI product teams, and infrastructure groups.
-
Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
-
Meta To Cut 600 Jobs In AI Division To Streamline Operations
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday.
-
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” ...
