Amazon CEO says job cuts to exceed 18,000 roles
2 years, 2 months ago

Amazon CEO says job cuts to exceed 18,000 roles

The Hindu  

Amazon.com Inc.'s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The cuts amount to 6% of Amazon's roughly 3,00,000-person corporate workforce and represent a swift turn for a retailer that recently doubled its base pay ceiling to compete more aggressively for talent. Amazon has more than 1.5 million workers including warehouse staff, making it America's second-largest private employer after Walmart Inc. Its stock rose 2% in after-hours trade. Its layoffs now surpass the 11,000 cuts announced last year by Facebook-parent Meta Platforms Inc. Mr. Jassy's note followed a report in the Wall Street Journal that the reduction would be more than 17,000 jobs.

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History of this topic

Amazon Layoffs: Firm to cut 14,000 corporate jobs this year?
1 week, 4 days ago

Amazon Layoffs: Firm to cut 14,000 corporate jobs this year?

Live Mint  

Amazon Layoffs: E-commerce major Amazon Inc. is set to lay off 14,000 managerial jobs by early 2025 as the trillion-dollar company aims to cut costs. While this may not be a fresh round of firing, it may be recalled that back in September 2024 Amazon's Chief Executive Officer Andy Jassy announced his plans to increase the ratio of individual contributors …

Tech layoffs 2025: Turmoil as ADM trims 700 jobs, Salesforce slashes 1,000 after Microsoft, Meta, and Amazon axe
Trending News
1 month, 3 weeks ago

Tech layoffs 2025: Turmoil as ADM trims 700 jobs, Salesforce slashes 1,000 after Microsoft, Meta, and Amazon axe

Live Mint  

Significant layoffs continue to sweep across major big tech and corporate firms in 2025. ADM to cut up to 700 jobs worldwide amid cost-cutting efforts According to Reuters, ADM, a major international grain trader, announced plans to cut up to 700 jobs to reduce expenses by $500 million to $750 million over the next three to five years. The announcements …

Amazon fires more employees, says layoffs will help company move faster
2 months ago

Amazon fires more employees, says layoffs will help company move faster

India Today  

Amazon is firing more employees in a fresh round of layoffs. The move is Amazon's part of a broader strategy to cut bureaucracy and improve the company's efficiency, helping teams move faster and get closer to customers. Since taking over from founder Jeff Bezos, Jassy has overseen a series of job cuts and has scaled back on several ambitious projects …

Amazon cuts 200 jobs in fashion and fitness group in the US: Report
2 months, 1 week ago

Amazon cuts 200 jobs in fashion and fitness group in the US: Report

Hindustan Times  

Amazon is cutting jobs in its Fashion and Fitness group in the US, according to a Business Insider report. So far, San Diego-based employees in this group, also known as F2, were let go recently, according to the report which cited an internal message posted in a Slack channel. "We're always looking at our team structures to ensure we're best …

Amazon workers blasted for throwing Christmas into chaos for striking
3 months, 1 week ago

Amazon workers blasted for throwing Christmas into chaos for striking

Daily Mail  

Furious shoppers have blasted Amazon workers for throwing the holidays into chaos by launching the 'largest-ever' strike against the online retailer just six days before Christmas. Amazon workers at the other facilities are 'prepared to join,' the union said, noting that Teamsters local unions are also putting up picket lines at hundreds of Amazon Fulfillment Centers nationwide. The International Brotherhood …

Amazon workers go on strike, seek labour agreement in holiday shopping period
Top News
3 months, 1 week ago

Amazon workers go on strike, seek labour agreement in holiday shopping period

India Today  

Amazon.com workers at seven US facilities walked off the job early on Thursday during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union. Warehouse workers in cities including New York, Atlanta and San Francisco are taking part in the "largest" strike against Amazon, said the International Brotherhood of Teamsters, which represents about 10,000 workers …

Amazon workers strike as Teamsters push for labor deal during peak season
3 months, 1 week ago

Amazon workers strike as Teamsters push for labor deal during peak season

India Today  

Workers at seven Amazon facilities went on strike Thursday, an effort by the Teamsters to pressure the e-commerce company for a labour agreement during a key shopping period. The International Brotherhood of Teamsters say they represent nearly 10,000 workers at 10 Amazon facilities, a small portion of the 1.5 million people Amazon employs in its warehouses and corporate offices. At …

Ex-Amazon Employee Claims Firm Is Planning 'Silent Sacking' With Work From Office Mandate
6 months, 1 week ago

Ex-Amazon Employee Claims Firm Is Planning 'Silent Sacking' With Work From Office Mandate

ABP News  

A former software engineer at Amazon Web Services who left the company due to its return-to-office mandate has alleged that the tech giant's new rule requiring employees to work from the office starting January 2 is less about "inventing and collaborating" as CEO Andy Jassy stated, and more focused on cutting headcount without incurring significant tax liabilities. In a social …

Amazon Prime Day is a major cause of injuries for warehouse workers, Senate review says
8 months, 1 week ago

Amazon Prime Day is a major cause of injuries for warehouse workers, Senate review says

Associated Press  

NEW YORK — Amazon’s popular Prime Day sales event has been “a major cause of injuries” for warehouse workers who pick and pack customer orders at the e-commerce giant’s facilities across the United States, according to a report released Tuesday by Sen. Bernie Sanders. The report, which draws information from a year-long Senate committee investigation into Amazon’s safety practices and …

Tech layoffs this week: Byju’s, Apple, Amazon cut jobs citing downsizing, shifts. More companies to follow?
11 months, 3 weeks ago

Tech layoffs this week: Byju’s, Apple, Amazon cut jobs citing downsizing, shifts. More companies to follow?

Hindustan Times  

Tech layoffs 2024: The tech industry saw more layoffs this week as companies are sacking employees across departments. The big companies that fired employees include Amazon, Apple and Byju’s who cited strategic shifts and downsizing as the reason for job cuts in the industry. As per Layoffs.fyi, 235 companies have laid off 57,785 employees in 2024 as in January, 121 …

Amazon Layoffs: AWS To Cut Hundreds Of Jobs In Sales And Marketing Teams
11 months, 3 weeks ago

Amazon Layoffs: AWS To Cut Hundreds Of Jobs In Sales And Marketing Teams

ABP News  

Amazon Web Services is in the process of reducing its workforce again. This Amazon Layoff will reportedly impact several hundred sales and marketing team members as well as the team dedicated to developing technology for brick-and-mortar stores, according to a Bloomberg report. “We’ve identified a few targeted areas of the organisation we need to streamline in order to continue focusing …

Amazon's cloud computing arm announces hundreds of job cuts across divisions
11 months, 3 weeks ago

Amazon's cloud computing arm announces hundreds of job cuts across divisions

Hindustan Times  

Amazon on Wednesday announced that its Web Services division has cut several hundred sales, marketing and tech roles. The e-commerce giant has laid off hundreds of employees in several divisions including the Prime Video service, healthcare and Alexa voice assistance unit, joining several big tech giants who extended massive job cuts over the past two years, the Reuters report added. …

Amazon is cutting hundreds of jobs in its cloud computing unit AWS
11 months, 3 weeks ago

Amazon is cutting hundreds of jobs in its cloud computing unit AWS

Associated Press  

Amazon said Wednesday it’s cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift. The company will trim “a few hundred roles” in the team that overlooks technology for physical stores, a move that comes just a day after Amazon said it was ditching Just Walk Out technology in its U.S. grocery stores. In …

From Microsoft to Levi’s, here’s a look at tech and retail companies that have recently made layoffs
1 year, 2 months ago

From Microsoft to Levi’s, here’s a look at tech and retail companies that have recently made layoffs

Associated Press  

2024 has already proven to be a difficult year for layoffs. Here’s some tech and retail companies that have laid of employees of late: REI layoffs REI is laying off 357 workers, mostly in the outdoor retailer’s headquarters and distribution centers. In a letter to employees, CEO Eric Artz noted that “outdoor specialty retail has experienced four quarters of decline …

eBay laying off 1000 employees after heavy hiring in pandemic
1 year, 2 months ago

eBay laying off 1000 employees after heavy hiring in pandemic

India Today  

E-commerce giant eBay has followed the footsteps of Google, Amazon, Meta, and other tech companies in cutting down its workforce to reduce costs. The company announced in an email to its staff that it would lay off about 1,000 employees, which accounted for 9 per cent of its full-time workforce. But that’s not it as the company is planning more …

Tech layoffs: Mass firings at Amazon continue, tech giant terminates 5% of staff at Buy with Prime unit
1 year, 2 months ago

Tech layoffs: Mass firings at Amazon continue, tech giant terminates 5% of staff at Buy with Prime unit

Firstpost  

Having laid off hundreds of employees just days into 2024, e-commerce giant Amazon has terminated more people from its workforce from Buy with Prime division, according to a report by Reuters. Despite the layoffs, Amazon emphasized that Buy with Prime remains a key focus, with ongoing substantial investments in the unit. However, according to inside sources that the Reuters report …

Amazon announces layoffs in ‘Buy with Prime’ unit after 500 job cuts in Twitch, Audible
1 year, 2 months ago

Amazon announces layoffs in ‘Buy with Prime’ unit after 500 job cuts in Twitch, Audible

Hindustan Times  

Continuing the string of layoffs in big tech companies, Amazon has announced that it has cut 5 percent of all jobs in the 'Buy with Prime' department of the company, reported Reuters. The tech giant's audiobook unit Audible also saw hundreds of job cuts in just the first couple of weeks of this year. This comes after a recent report …

Jobs: Amazon cuts 5% workforce of Buy with Prime unit
1 year, 2 months ago

Jobs: Amazon cuts 5% workforce of Buy with Prime unit

Live Mint  

Tech giant Amazon on January 18 said it is reducing its workforce at its Buy with Prime unit and cutting 5 percent of jobs in the service, as per a Reuters report. Despite the job cuts, Amazon said the unit remains a top priority, with a commitment to "continue investing significant resources". Broader Workforce Adjustments This announcement follows Amazon's recent …

Google, Amazon job slashes: Impact on hundreds across various departments
1 year, 2 months ago

Google, Amazon job slashes: Impact on hundreds across various departments

India TV News  

According to recent reports, both Google and Amazon are cutting down their workforce by letting go of hundreds of employees. Meanwhile, Google has confirmed that it has cut several hundred jobs across its hardware, core engineering, and Google Assistant teams. Mike Hopkins, Senior Vice President of the division, announced the cuts in an email on Wednesday, saying that the reason …

Amazon to lay off several hundred staff in Prime Video, Studios departments
1 year, 2 months ago

Amazon to lay off several hundred staff in Prime Video, Studios departments

Hindustan Times  

Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal note on Wednesday as companies extend their massive job cuts over the past two years into 2024. The Amazon Prime Video streaming app is seen The staff facing exit at Prime Video and Amazon MGM Studios in the Americas will be informed …

Amazon Layoffs: Tech giant lays off 35 per cent of Twitch staff, over 500 people rendered jobless
1 year, 2 months ago

Amazon Layoffs: Tech giant lays off 35 per cent of Twitch staff, over 500 people rendered jobless

Firstpost  

Twitch, Amazon’s live streaming platform, is reportedly set to reduce its workforce by 35 per cent, affecting around 500 employees, as part of a series of job cuts. Twitch, supporting a massive website with 1.8 billion hours of monthly live video content, faces significant expenses despite leveraging Amazon’s infrastructure. The platform experienced executive turnover in late 2023, including the departure …

Amazon eliminated his role months ago, he is still getting a salary for doing nothing
1 year, 2 months ago

Amazon eliminated his role months ago, he is still getting a salary for doing nothing

India Today  

Amazon made headlines last year for laying off thousands of employees across the globe. And now, an Amazon employee has described in a blog post how he no longer has a role to play in the company but is still getting a salary. In the blog post, the employee referred to a practice called "silent sacking" and said that many …

Amazon announces another round of job cuts, lays off 180 employees from gaming division
1 year, 4 months ago

Amazon announces another round of job cuts, lays off 180 employees from gaming division

India Today  

Amazon is laying off approximately 180 employees from its gaming division in the latest round of job cuts. In an internal memo shared with employees, Amazon cited that the job cuts are a strategic move to further concentrate on restructuring efforts to focus on areas with the highest potential for growth. In the official email sent to staffers on Monday …

Google, Amazon, and others continue layoffs, more employees lose jobs in festive season
1 year, 4 months ago

Google, Amazon, and others continue layoffs, more employees lose jobs in festive season

India Today  

Despite the approaching end of 2023, the tech industry's layoffs show no signs of stopping. The gloom of layoffs continues even during the festive season, with major players like Google, Amazon, Snap, and others recently announcing fresh rounds of job cuts. The latest rounds of layoffs reportedly affected employees across roles in product management, consumer services, and engineering, creating ripples …

Amazon eliminates jobs in music division in new round of cuts
1 year, 4 months ago

Amazon eliminates jobs in music division in new round of cuts

Live Mint  

Amazon.com Inc. is cutting jobs in its music division, which encompasses the retail giant’s audio streaming platform and digital storefront for songs, as Chief Executive Officer Andy Jassy continues to reduce expenses throughout the company. The jobs targeted are in Amazon Music’s editorial and audio content team, said people familiar with the matter, who asked not to be named because …

Pain, exhaustion rampant among Amazon warehouse workers, study says
1 year, 5 months ago

Pain, exhaustion rampant among Amazon warehouse workers, study says

LA Times  

A truck arrives at an Amazon warehouse in the Staten Island borough of New York. The data suggest “injury and pain at Amazon are far more widespread” than previously known, said Beth Gutelius, research director at the center and a leading expert on logistics and warehouse work. Amazon spokesperson Maureen Lynch Vogel said the report was “not a ‘study’ — …

Amazon employee gets fired after 12 years of service, says he is leaving a place he called home
1 year, 5 months ago

Amazon employee gets fired after 12 years of service, says he is leaving a place he called home

India Today  

Be it a new employee who just started working or a senior with several years of experience, nobody has been safe from the layoffs wave that took over the tech world earlier this year. Major IT giants like Amazon, Meta, Twitter, Google and Microsoft, amongst others, collectively fired thousands of employees across the globe, impacting many lives. An Amazon employee, …

Amazon chief Andy Jassy warns reluctant employees to work from office thrice a week
1 year, 6 months ago

Amazon chief Andy Jassy warns reluctant employees to work from office thrice a week

The Hindu  

Amazon chief Andy Jassy has ordered reluctant employees to come work from office, saying that staff would work on-site at least three days a week and that the situation would likely not “work out” for employees who could not commit to the decision even if they disagreed with it. In a blog post on February 17, Jassy had said Amazon …

Amazon CEO says ‘it’s probably not going to work out’ for employees who defy return-to-office policy
1 year, 7 months ago

Amazon CEO says ‘it’s probably not going to work out’ for employees who defy return-to-office policy

Associated Press  

NEW YORK — Amazon employees have been pushing back against the company’s return-to-office policy for months — and it seems CEO Andy Jassy has had enough. The phrase “disagree and commit” is one of Amazon’s leadership principles, and was used often by the company’s founder and current executive chairman, Jeff Bezos. “If you can’t disagree and commit, it’s probably not …

Amazon cuts jobs in its Fresh Grocery stores as it aims to rein in costs
1 year, 8 months ago

Amazon cuts jobs in its Fresh Grocery stores as it aims to rein in costs

Associated Press  

NEW YORK — Amazon is cutting jobs in its Fresh Grocery stores as part of a restructuring plan in the U.S. “Like any retailer, we periodically assess our stores’ organizational needs and make decisions to increase efficiencies for our employees and deliver customer value,” Amazon spokesperson Jessica Martin said in a prepared statement. Amazon operates 44 Fresh grocery stores across …

Amazon mandates employee relocation for three days of in-office work weekly
1 year, 8 months ago

Amazon mandates employee relocation for three days of in-office work weekly

India TV News  

Amazon is implementing changes to its employee work arrangements, requiring some corporate workers to be present in the office for three days each week. An Amazon spokesperson stated that working together in the office for at least three days per week has resulted in increased energy and improved collaboration among teams and nearby businesses. In May, Amazon asked most of …

Amazon lays off more people and inadvertently unveils new strategy to mass fire employees
1 year, 8 months ago

Amazon lays off more people and inadvertently unveils new strategy to mass fire employees

Firstpost  

Layoffs continue at Amazon, as the e-commerce giant recently terminated over 80 employees from their pharma division. However, it seems that Amazon may have inadvertently revealed their new playbook for mass layoffs Amazon is continuing its layoffs, with recent reports indicating that the company has terminated employees within its Pharmacy business unit. This year, Amazon has experienced significant layoffs, with …

About 2000 Amazon employees walk off work protesting job cuts and work-from-office rules
1 year, 9 months ago

About 2000 Amazon employees walk off work protesting job cuts and work-from-office rules

Firstpost  

Amazon employees appear to be quite unhappy with various mandates imposed by the company. Walkouts taking place globally According to Amazon Employees for Climate Justice and Amazon’s Remote Advocacy community leaders, “The walkout is confirmed! They added, “Employees should have a say in decisions that affect our lives, such as the return-to-work mandate and how our work contributes to the …

Amazon Workers Walk Out Over Layoffs and Broken Climate Promises
55 years, 2 months ago

Amazon Workers Walk Out Over Layoffs and Broken Climate Promises

Wired  

One month after Amazon ordered its corporate employees to return to the office, some of them have walked back out. “People have lost trust in leadership because they have made these unilateral decisions that impact workers’ lives.” Walk out organizers say more than 1,000 workers joined the Seattle rally with demonstrations in other cities bringing overall participation to over 2,000. …

Amazon employees' proposed ‘walkout’ to go ahead. Here's why they are protesting
1 year, 9 months ago

Amazon employees' proposed ‘walkout’ to go ahead. Here's why they are protesting

Hindustan Times  

At lunchtime on Wednesday, scores of Amazon employees will go ahead with their proposed 'walkout' to express unhappiness with the e-commerce giant over a host of issues. On the protest day, the participants working at Amazon's 4-storey Spheres headquarters in downtown Seattle will come out of the building. Separately, Associated Press put the number at more than 1,800, including 870 …

Nearly 2000 Amazon employees walk off job, upset over work from office rules and job cuts
1 year, 9 months ago

Nearly 2000 Amazon employees walk off job, upset over work from office rules and job cuts

India Today  

Amazon employees are seemingly pretty upset about various things that the company is mandating. Please join 1,816 of our coworkers and pledge to walk out,” said Amazon Employees for Climate Justice and Amazon’s Remote Advocacy community leaders. Amazon employees are required to come to office 3 days a week, as Amazon CEO Andy Jassy recently said in his letter to …

Amazon employees indeed upset over job cuts, return-to-office mandate; over 20k signed petition to reconsider
1 year, 9 months ago

Amazon employees indeed upset over job cuts, return-to-office mandate; over 20k signed petition to reconsider

India TV News  

A group of Amazon workers upset about recent layoffs, a return-to-office mandate and the company’s environmental impact is planning a walkout at the company’s Seattle headquarters Wednesday. Brad Glasser, an Amazon spokesperson, said there has been good energy on the company’s South Lake Union campus and at its other urban centres since more employees returned to the office. “As it …

Disgruntled Amazon employees prepare for massive walkout in response to layoffs and return-to-office policy
1 year, 10 months ago

Disgruntled Amazon employees prepare for massive walkout in response to layoffs and return-to-office policy

Hindustan Times  

Tensions are running high at Amazon's Seattle headquarters as employees announce plans for a massive walkout scheduled for next week. The walkout, organized by employee activists, aims to draw attention to the frustrations surrounding layoffs, the return-to-office policy, and the company's perceived inaction regarding climate change. The walkout, spearheaded by a coalition of employee groups, including Amazon Employees for Climate …

Tech Layoffs: Amazon India lays off around 500 people in HR, tech support and web services teams
1 year, 10 months ago

Tech Layoffs: Amazon India lays off around 500 people in HR, tech support and web services teams

Firstpost  

Amazon India has conducted a new round of layoffs that have affected employees in the Amazon Web Services and People Experience and Technology Solutions divisions, according to sources working in the company. Also read: Tech Layoffs: Amazon starts terminating more people, this time from HR and Amazon Web Services HR, tech support and web services teams get the pink slip …

Amazon lays off 500 employees in India: Reports
1 year, 10 months ago

Amazon lays off 500 employees in India: Reports

Hindustan Times  

According to reports, Amazon has laid off around 500 employees in India, with their termination coming as part of the 9,000 global job cuts announced by CEO Andy Jassy in March. The India layoffs have been carried out across verticals such as Amazon Web Services, Human Resources, reports said citing people familiar with developments. Amazon Digital Kendras shut down As …

Laid off Amazon India employee says she is grieving, turns to LinkedIn for job search
1 year, 10 months ago

Laid off Amazon India employee says she is grieving, turns to LinkedIn for job search

India Today  

Amazon India employees are slowly getting impacted by company-wide layoffs. A former employee at Amazon's Bengaluru office is deeply affected by the layoff and is struggling to find a job. In a post on LinkedIn, former employee Srishti Dasgupta who worked as a senior compliance associate, wrote that she has been struggling to process the layoff for over 20 days. …

Amazon India lays off employees in HR, web services departments: details inside
1 year, 10 months ago

Amazon India lays off employees in HR, web services departments: details inside

India Today  

Amazon India has laid off hundreds of employees in recent weeks, as part of a larger round of layoffs at the company. People in a variety of roles, including Amazon Web Services, People Experience and Technology Solutions, and other business units have been affected in the layoffs. Towards the end of April, a memo by AWS CEO Adam Selipsky revealed …

Amazon layoffs continue as company fires 500 employees across verticals in India
1 year, 10 months ago

Amazon layoffs continue as company fires 500 employees across verticals in India

India TV News  

Amazon layoffs continue as company fires 500 employees across verticals in India Amazon Layoffs: While announcing 9,000 job cuts, CEO Andy Jassy stated that the decision was based on ongoing priority analysis and economic uncertainty in an online note to employees. The world's largest online retailer Amazon has laid off approximately 500 employees across various verticals in India, said sources. …

Tech Layoffs: Amazon starts terminating more people, this time from HR and Amazon Web Services
1 year, 11 months ago

Tech Layoffs: Amazon starts terminating more people, this time from HR and Amazon Web Services

Firstpost  

Amazon has begun laying off employees once more, this time from their numerous HR departments as well as its AWS or Amazon Web Services technical teams. Amazon Web Services CEO Adam Selipsky and Human Resources Director Beth Galetti told staff in the United States, Canada, and Costa Rica of the layoffs. Jassy has proved that two of Amazon’s largest and …

Amazon's begins layoff notifications in cloud computing and HR divisions
1 year, 11 months ago

Amazon's begins layoff notifications in cloud computing and HR divisions

Daily Mail  

Amazon has begun notifying employees impacted by its latest round of layoffs, as the company continues with the biggest job cuts in its nearly three-decade history. The notifications, which went out on Wednesday to workers in Amazon's human resources and cloud computing business units, were part of the latest round of 9,000 job cuts announced by CEO Andy Jassy last …

Amazon’s Whole Foods to cut hundreds of corporate roles
1 year, 11 months ago

Amazon’s Whole Foods to cut hundreds of corporate roles

Associated Press  

NEW YORK — Amazon-owned Whole Foods says it is cutting several hundred jobs as part of a process to simplify the grocery chain’s operations. The company plans to make changes to some regional and global support teams over the next two months, according to a memo sent to employees Thursday by the Whole Foods executive team. As the grocery industry …

Amazon layoffs: CEO Andy Jassy opens up about 27,000 job cuts, AI and more
1 year, 11 months ago

Amazon layoffs: CEO Andy Jassy opens up about 27,000 job cuts, AI and more

India TV News  

Amazon layoffs: CEO Andy Jassy opens up about 27,000 job cuts, AI and more Amazon layoffs: Amazon CEO Andy Jassy acknowledged that some of the actions, like firing 27,000 employees, are tough, but the decision will be good for the business. Amazon layoffs: Andy Jassy, the CEO of Amazon, in an annual letter sent to the company’s shareholders talked about …

From Google to Amazon, tech giants offer 1-year salary to encourage resignation
1 year, 11 months ago

From Google to Amazon, tech giants offer 1-year salary to encourage resignation

Live Mint  

Silicon Valley's tech giants have continued shredding staff. {{^adFree}} {{/adFree}} As per their law, "companies are legally required to consult with these councils before executing layoffs, which involves a potentially time-consuming process of data collection, discussions, and the option of appealing". Alphabet Inc, Google's parent company has reportedly asked employees to resign voluntarily and get good severance packages in return …

Amazon layoffs continue, now 100 employees from its video games unit fired
1 year, 11 months ago

Amazon layoffs continue, now 100 employees from its video games unit fired

Live Mint  

The news comes weeks after Amazon announced a second round of mass layoffs. Layoffs continued at Amazon this week with 100 employees from the company's video games unit losing their jobs. The news comes weeks after Amazon announced a second round of mass layoffs, piling on to a wave of job cuts that has swept the technology sector as a …

Amazon plans to reduce employee stock awards in 2025
1 year, 11 months ago

Amazon plans to reduce employee stock awards in 2025

The Hindu  

Amazon.com Inc. is trimming the number of shares it plans to give employees as part of their 2025 compensation, Business Insider reported on Wednesday, citing a memo. The economic climate and company budget was behind reductions to the 2025 employee stock awards, called restricted stock units, Amazon told managers, according to the report. The memo cited by Insider also mentioned …

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