Intel's Dow status under threat as struggling chipmaker's shares plungeAnalysts and investors said Intel was likely to be removed from the Dow, pointing to a near 60% decline in the company's shares this year t...
03 Sep, 2024, 04.15 PM IST
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...
09 Aug, 2024, 06.35 PM IST
Goldman may part-convert Pharmeasy debt to equity; P2P lenders look to diversify partnershipsGoldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing i...
30 Aug, 2023, 07.47 AM IST
Amazon US lays off about 80 employees in pharmacy division: reportsThe affected workers include pharmacy technicians and team leads, while registered pharmacists were largely unimpacted.
17 Jul, 2023, 05.44 PM IST
Amazon shrugs off ups and downs in its decade-long India journeyAmazon’s 10th anniversary in India coincides with the ecommerce behemoth cutting costs, laying off thousands of employees, shuttering non-p...
01 Jun, 2023, 01.28 PM IST
Zomato goes live with UPI offering, Flipkart to follow; ZestMoney gets new leadershipGurgaon-based food-delivery company Zomato has gone live with a third-party Unified Payments Interface (UPI) application for some of its us...
16 May, 2023, 08.50 PM IST
Fintechs struggle to come together for self-regulation; epharmacies, govt officials hold talks over new rulesIndia's new-age financial services industry has faced constant regulatory scrutiny in recent years disrupting businesses across the board. ...
21 Apr, 2023, 07.11 AM IST
Amazon job cuts hit staffers in grocery, robotics, payments, AWS divisionsAmazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisions of the company, ...
01 Feb, 2023, 01.48 PM IST
Amazon India staff being fired in offices, employees breaking downET had reported in November that the etailer was looking to cut jobs in India. Last year, it shut some of its relatively smaller businesses...
17 Jan, 2023, 02.59 PM IST
Amazon to lay off around 1,000 staff in India: reportAmazon CEO Andy Jassy on Wednesday announced the e-commerce giant will lay off over 18,000 employees, starting January 18.
09 Jan, 2023, 01.50 PM IST
Amazon layoffs to impact over 18,000 employees, says CEO Andy JassyJassy said that several teams have been impacted, but the majority of role eliminations are in Amazon Stores and PXT (People Experience and...
06 Jan, 2023, 02.18 PM IST
Amazon to cut over 18,000 jobs; consumers in no hurry for quicker grocery deliveriesEcommerce giant Amazon has resorted to another round of mass layoffs in a bid to cut costs. CEO Andy Jassy, in a statement to staff, said t...
05 Jan, 2023, 07.44 PM IST
Exclusive | India can be a ‘shining example’, says Pichai; BigBasket bags $200M at $3.2B valuationResponding to a question on two orders by India's competition watchdog in October, in which it imposed heavy fines on Google, Pichai said h...
21 Dec, 2022, 07.36 AM IST
Meta’s ads business faces a reckoning in EuropeWhile the fallout from Apple’s move is still playing out, there’s little doubt it has delivered a swift uppercut cut to Meta’s once-invinci...
10 Dec, 2022, 08.18 AM IST
Amazon reassessing some India experiments: Manish Tiwary; US tech layoffs may increase demand for EB-5 visasTiwary added that the technology giant would double down on its investments business-to-business (B2B) marketplace, pharmacy, grocery and s...
09 Dec, 2022, 07.49 AM IST
Amazon to shut food-delivery business in India from December 29Amazon started its food delivery business in select pin codes of the city in 2020 and gradually scaled it across most of Bengaluru.
26 Nov, 2022, 12.50 PM IST
Third wave threat to Diwali salesIn today's ETtech Morning Dispatch, Amazon and Flipkart may call off Great Indian Festival and Big Billion Days face the threat of a third ...
11 Jun, 2021, 09.00 AM IST