Latest News, Updates & Breaking Headlines
Amazon HR chief Beth Galetti told employees the company won’t announce mass layoffs every few months—though individual teams will keep making staffing “adjustments as appropriate.” The careful wording follows 16,000 job cuts earlier this week and 14,000 in October last year. Company’s top leadership framed the job cuts as part of CEO Andy Jassy’s push…
If you are a corporate employee, then you might have come across situations where sometimes 20+ people sit in a meeting but nothing gets decided. The worst: Everyone’s just nodding along? Well, you’re not alone. Amazon founder Jeff Bezos tackled this common workplace organisational problem with his famous “two-pizza rule”: No team should be larger…
Cristiano Amon, president & CEO, Qualcomm Technologies. Qualcomm CEO Cristiano Amon has predicted the winner of the AI device race. At a time when tech titans like Meta (AI Glasses), Google (AI Glasses + ecosystem), Apple (contextually aware personal assistant and Apple Intelligence) OpenAI (not disclosed) and Amazon (Alexa+) are developing consumer-centric devices to integrate…
Amazon founder Jeff Bezos has once again become the world’s third-richest person after Aamzon’s stock rose 2.4% to above $244. This uptick was followed by Amazon’s announcement that it will shut down all Amazon Go and Amazon Fresh physical stores. The company also revealed that it will now focus more on online same-ay delivery services…
Anthropic CEO Dario Amodei has a warning for Google, Microsoft, Amazon and other tech giants. In an interview with Axios recently, Amodei warned fellow AI titans that “you’re going to get a mob coming for you if you don’t do this in the right way.” “You can’t just go around saying we’re going to create…
Billionaire Peter Thiel argues European tech founders are too risk-averse, cashing out early instead of pursuing global scale. He contrasts this with Silicon Valley’s embrace of failure, citing Mark Zuckerberg’s rejection of a $1 billion Facebook offer. Venture capital data shows the US significantly outpaces Europe in funding and large investment funds, highlighting a persistent…
Amazon has started notifying the employees about its latest round of corporate layoffs. As part of the fresh round of layoffs around 16000 roles have been eliminated across the country. The job cuts have impacted staff in the US, UK and India. The affected employees have received emails from Beth Galetti, senior vice president of…
Amazon has begun mass layoffs impacting 16,000 corporate employees, with internal communications revealing AWS and retail divisions bearing the brunt. Teams involved in AI cloud services, data warehousing, and Prime subscriptions are among those affected. This move aligns with CEO Andy Jassy’s vision of operating like a “world’s largest startup,” emphasizing speed and ownership. Amazon…
Amazon is cutting another 16,000 corporate jobs, bringing the total to 30,000, its largest workforce reduction ever. This move, driven by a massive $125 billion investment in AI and a push for greater efficiency, comes despite record profits. The company is also closing its Go and Fresh stores and discontinuing its palm-scanning payment system, signaling…
As Amazon prepares for another round of corporate layoffs, employees were rattled on January 27, after receiving a calendar invite titled, ‘Send Project Dawn email’. The invitation sent by the company is linked to an internal invitation which is aimed at improving efficiency. As reported by Business Insider, the email was sent by an assistant…
