Page 122 - Layoffs News Today

The email was sent out to the employees by Matt Garman, SVP, Sales & Marketing at AWS, Amazon Inc’s cloud division.

Amazon Web Services has laid off a few hundred employees in its unit that works on technology for physical retail stores, and several hundred more in its sales, marketing and global services division, news site The Information reported on Wednesday.

CBS News quietly shut down its Tokyo bureau this week -- a desperate move to slash costs that could crimp the network's coverage of China, The Post has learned.

In an email to staff, outgoing CEO Matt Moog and board chair Robert Pasin said that revenues “are not growing to support our mission.”

The job cuts affected staff working in children's media, local news and the Interactive Engagement Group, among other units.

The gaming industry was hit with another round of job cuts after Ubisoft announced its latest wave of layoffs affecting 45 employees in an attempt to address "market evolution."

TECH NEWS News: Byju’s faced recent job cuts per Moneycontrol, laying off employees over calls without notice or PIP. Team members are impacted amid business restruct

Cheese and Wine Traders permanently shuttered on Saturday, March 30, offering little information as to why the business closed up shop.

Just last week, it was announced that Embracer Group was finalising a sale of Gearbox Entertainment to Take-Two Interactive in a deal worth around $460 million. While this deal is likely in the best interest of all companies involved, it has not come without its downsides, with Gearbox confirming a round of layoffs. Gearbox will …

India Business News: Byju's lays off 500 employees, mainly in sales and tuition, due to salary delays. CEO Arjun Mohan leads cost-cutting efforts amidst litigation stress