Amazon's CEO, Andy Jassy, informed Prime Minister Narendra Modi during their meeting on Friday that Amazon.com Inc intends to enhance its presence in India by investing an extra $15 billion. According to a blog post by Amazon, Prime Minister Narendra Modi and CEO Andy Jassy discussed several key areas during their conversation. In addition to the recent investment plans of …
Amazon announced on Monday that it would lay off 9,000 more employees, becoming the latest big technology company to announce a second round of layoffs, Reuters reported. CEO Andy Jassy said the company had added substantial amount of staff in the past few years. "Given the uncertain economy in which we reside, and the uncertainty that exists in the near …