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Amazon layoffs 2025: Why 14,000 jobs are being cut, which Amazon divisions are most affected, and how Amazon stock is reactingAmazon layoffs 2025 shook the tech world. The company is cutting 14,000 corporate jobs. That’s about 4% of its white-collar staff. The move...
Amazon India to move corporate headquarters in Bengaluru amid cost-cutting exercise: reportIn a strategic cost optimisation move, Amazon India is relocating its headquarters from World Trade Centre in northwest Bengaluru to a more...
Layoffs pile up in US, Canada as companies uncertain of economyAs job cuts persist in 2024 across the U.S. and Canada, sectors including technology, automakers, media, and financial services are heavily...
Tech layoffs in 2024: TikTok, Google and Amazon among companies undertaking job cutsThe new year brings more job cuts to the tech industry as layoffs continue in 2024. Thousands of tech and startup employees have been laid ...
Layoffs in 2024: List of companies that announced job cuts so far this yearAccording to data from Layoffs.fyi, a layoff-tracking website, a total of 2,62,595 employees were laid off last year by 1,187 tech companie...
YouTube cuts 100 employees as tech layoffs continueGoogle will cut 100 employees at YouTube, continuing layoffs after shedding over 1,000 jobs. YouTube's chief business officer, Mary Ellen C...
Amazon's Audible is laying off 5% of its workforce, marking another round of job cuts in techIn a memo sent to employees Thursday, Audible CEO Bob Carrigan said the company is in good shape, but faces an "increasingly challenging la...
Amazon's Twitch to lay off 35% of workforce: reportTwitch CEO Dan Clancy said in December that the company would shut down operations in South Korea in February this year, due to high operat...
2023 Year in review: how layoffs hit technology and startup workersWith the year drawing to a close, ETtech looks at startups and tech companies— global and domestic—which laid off employees to cut costs am...
Twitch will shut down its streaming platform in South KoreaTwitch was once one of the most popular platforms for gamers in South Korea, even as it competed with domestic services like AfreecaTV and ...
Twitch to shut down South Korea operations due to high costsNetwork fees in Korea are still 10 times more expensive than in most other countries, he said, adding that the company spent significant ef...
Game streaming firms plan global expansion; Razorpay’s $300-mn tax bill for reverse flippingTwo of India’s major gaming-focused streaming platforms are eyeing expansion in international markets to take on bigger rivals such as YouT...
Layoffs 2023: Tech companies which laid off most number of employeesETtech takes a look at the top 10 tech companies that have slashed the most number of jobs.
Amazon, Google CEOs 'hint' at more layoffs amid economic meltdownAs tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate busines...
Fresh round of Amazon layoffs to impact 9,000 employees across AWS, Twitch, advertisingThe fresh round of Amazon layoffs will affect staff mostly in Amazon Web Services or AWS, Amazon People eXperience and Technology (PXT), ad...
'Negative list' for data transfer in works; Flipkart’s reshuffle & Amazon layoffsThe government may come up with ‘negative list' of countries where cross-border data flow will be disallowed, the minister of state for ele...
5 world market themes for the week aheadBusiness activity indicators in the euro zone and an inflation gauge in the United States are also on tap, while rate cuts may be looming i...
US recession & IT stocks: Here is what happened in 2008 and 2020An analysis of past recessions in 2008 (global financial crisis) and 2020 (pandemic) shows that stock prices override fundamentals as reces...
Rake in the moolah: Instagram rolls out new tools to help influencers earn more moneyThe online stars can capitalise on the mobile video content.
What Subbarao enjoys post-RBI? He can speak without market fearThe observation assumes significance in the wake of intense speculation that Rajan decided against a second term because of his various utt...