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Amazon's Audible is laying off 5% of its workforce, marking another round of job cuts in tech

Amazon-owned online audiobook and podcast service Audible is laying off about 5% of its workforce, marking the third round of job cuts at the e-commerce giant's businesses this week as the technology industry continues to shed roles in the new year. In a memo sent to employees Thursday, Audible CEO Bob Carrigan said the company is in good shape, but faces an "increasingly challenging landscape.” “We did not take this route without considerable thought,” Carrigan ...
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Source: yahoo.com

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Wall Street sees mixed trading, oil recovers some losses

Wall Street drifted through a quiet day of mixed trading Tuesday, when most stocks fell but a handful of influential companies kept losses in check. The S&P 500 slipped 7.04 points, or 0.1%, to 4,756.50 to follow up its best day in nearly two months. The Dow Jones Industrial Average fell 157.85 points, or 0.4%, to 37,525.16, and the Nasdaq composite rose 13.94 points, or 0.1%, to 14,857.71.
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