Amazon's Cloud Services Division Announces Layoffs
In a significant move that reverberates across the tech industry, Amazon has disclosed plans for substantial layoffs within its cloud services division
Business | April 4, 2024, Thursday // 09:05
Amazon to Cut more than 18,000 Jobs
Business | January 5, 2023, Thursday // 11:07
- Tweet
Send to Kindle
@The Japan Times
Amazon has announced it will cut more than 18,000 jobs, citing an "uncertain economy" and the fact that the retail giant has been "hiring rapidly over the past few years."
"Between the cuts we made in November and those we're sharing today, we plan to eliminate just over 18,000 positions," CEO Andy Jassy said in a statement. In November, the company announced 10,000 layoffs.
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
/BGNES
Related Articles:
Foreign Investors Create Over 2,000 New Jobs in Bulgaria
Bulgaria experienced a significant boost in its economy last year, with foreign investors creating more than 2,000 new jobs in various sectors
Business | March 6, 2024, Wednesday // 12:22
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
Business | January 25, 2024, Thursday // 09:35
Two-Thirds Of Jobs In Gaza Have Been Destroyed By The War
At least 66 percent of jobs have been lost in Gaza since the Israeli-Hamas conflict erupted in October, the International Labor Organization (ILO) said on Wednesday
World | December 20, 2023, Wednesday // 19:09
Sofia Amongst Top-Regions With Highest Share Of Brain Business Jobs
In Sofia fully 12.4 percent of adults are employed in brain business jobs. This is amongst the highest shares in all of Europe
Business | December 16, 2023, Saturday // 12:19
Amazon Donates 1 Million Dollars to Sofia University's INSAIT
Amazon Web Services' (AWS) generous donation of USD 1 million to Sofia University's Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been hailed as a transformative contribution, as announced by the press center of the
Bulgaria Achieves 3% Budget Deficit, Ready for Eurozone Integration
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
From Burgas to the U.S.: A Bulgarian Engineer’s Journey to the Top of AI Innovation
In today’s fast-paced world, the intersection of technology and education is creating new opportunities and changing the way we live and work
Business | April 22, 2025, Tuesday // 11:30
Fears vs. Facts: How Inflation Really Changed in Countries That Adopted the Euro
On June 4, Bulgaria will find out whether the euro will officially replace the lev in January 2026
Bulgarians' Incomes Rise Sharply, But Spending Follows Close Behind
According to the latest figures from the National Statistical Institute, household incomes and expenses in Bulgaria continued their upward trajectory in 2024
Business | April 21, 2025, Monday // 13:11
Bulgaria's Tourism Struggles to Diversify Beyond Traditional Offerings
Bulgaria continues to lag behind neighboring countries in achieving significant growth in its tourism sector
Many Bulgarian Companies Freeze Hiring and Investment Amid US Customs Uncertainty
The newly introduced US customs policy is creating both confusion and opportunity for businesses
Business | April 21, 2025, Monday // 12:52
