Meta initiates 3rd round of layoffs
Mark Zuckerberg-led Meta announced a three-part layoff round in March 2023 after firing around 11,000 employees in November last year
amazon
May 2023
April 2023
March 2023
February 2023
January 2023
AWS India wants billions coming, but not in profit
Aggressive capital spend of $12.7 bn for a stranglehold in the cloud business could see profitability elude the Indian operations
Koo cuts 30% of workforce; says ‘focussed on efficiency than growth’
The development comes a day after reports that said global tech giants Amazon and Meta have again resorted to layoffs
Tech layoffs: Amazon, Meta may announce more job cuts this week
Last month, Amazon announced that the company will be trimming 9,000 more positions in the next few weeks, mostly in AWS, PXT, Advertising, and Twitch.
Amazon to eliminate 9,000 more jobs in 2nd round; count reaches 27,000
Amazon CEO Andy Jassy, in an email to employees, says it was a “difficult decision”, but it is best for the company long-term.
Kishore Biyani withdraws resignation as Future Retail executive chairman
Biyani tendered his resignation from his position as the executive chairman of the company on January 23 this year.
Amazon to join ONDC with logistics, SmartCommerce offerings
ONDC was launched in line with the government's start-up India initiative on December 30, 2021, to curb the presence of digital monopolies in the domestic ecommerce market.
Amazon, Google among 32 entities granted payment aggregator licence
The companies whose applications were returned by the RBI are Freecharge, PayTM, PayU Payments, and Tapits Tech.
Amazon's air cargo service takes off in India
The Amazon-branded aircraft will transport customer shipments to cities such as Hyderabad, Bengaluru, Delhi, and Mumbai.
‘My first job’: Indian-origin man loses job after 21 yrs at Microsoft
IT cos are on a churning spree amid a weak outlook. Big tech firms like Microsoft, Google, Amazon, Meta have laid off thousands of employees in recent months.
