Major Tech Players Announce Huge Workforce Reductions: Ebay, Amazon and More!
Several major tech companies are reshaping their workforce dynamics at the beginning of 2024, with eBay becoming the latest to announce substantial layoffs
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Amazon's capitalization reached USD 502.6 billion, the Financial Times writes.
Except Amazon, with a similar capitalization of over USD 500 billion are only Apple, Microsoft and Google. Since the beginning of 2017, Amazon's market value has increased by $ 146.3 billion.
For comparison, Walmart, the world's largest retail chain, rose by only $ 23 billion to $ 235.4 billion. Today, on this benchmark, it retreats almost twice to its biggest online competitor. For the first time, Amazon has outpaced Walmart just two years ago. Thanks to an increase in the price of its share package, which is about 18%, Amazon President Jeff Bezos is close to Bill Gates in the race for the richest man in the world. Now they are less than $ 1 billion apart.
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After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022