amazon layoffs

Descrease article font size Increase article font size Amazon.com Inc‘s first-quarter revenue beat estimates on Thursday, helped by resilient demand for online shopping and…

Amazon.com Inc said on Wednesday it was shutting down its Halo division that sells health and sleep trackers as the technology giant kicks off wider company layoffs.The company said it will stop supporting Halo services from July 31, and…

Ecommerce major Amazon has initiated layoffs in its advertising department as part of efforts to cut costs. Amazon began informing staffers that they were being let go via email on Tuesday morning. Paul Kotas, Amazon’s senior vice president…

Expressing concern over the large-scale layoffs in the tech industry, a group of lawmakers from Silicon Valley has written to the US immigration agency to ensure that the highly-skilled immigrants on H-1B visas, the most sought-after by…

(This story originally appeared in on Apr 13, 2023)The mass layoffs in the tech industry follow close on the heels of the hiring frenzy of Covid-19. But as tech companies seek to lower headcounts to strengthen their balance sheets, the…

Amazon.com Inc said it would reduce employee stock awards, a part of its compensation plan, as the e-commerce giant navigates an uncertain economy."We made the decision to reduce RSU (restricted stock units) awards in the final outlook year…

Amazon.com Inc. laid off about 100 employees in its video-game divisions as part of its broader cutbacks, affecting workers at Prime Gaming, Game Growth and the company’s San Diego studio.“Our resources will be aligned to support our focus…

Amazon.com Inc on Wednesday raised the minimum starting pay for its employees at the UK operations to between 11 pounds ($13.50) and 12 pounds per hour.The move comes after workers at an Amazon warehouse in Coventry, central England, had…

As Amazon deepened the tech gloom by firing another 9,000 employees after previously sacking 18,000, over 500 companies have laid off nearly 1.5 lakh workers to date this year.According to the latest data from layoff.fyi, a website that is…

The government may come up with a ‘negative list' of countries where cross-border data flow will be disallowed, the minister of state for electronics and IT, Rajeev Chandrasekhar told ET. This and more in today’s ETtech Morning…