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Amazon Layoffs: ‘We Will Continue to Evaluate What We Are Seeing in Our Business and Proceed Adaptively’, Says CEO Andy Jassy - Vimarsana News

Amazon Layoffs: ‘We Will Continue to Evaluate What We Are Seeing in Our Business and Proceed Adaptively’, Says CEO Andy Jassy

Amazon CEO Andy Jassy has said that the e-commerce giant made "the very difficult decision" to eliminate about 27,000 corporate roles and like most leadership teams, it will continue to evaluate what "we're seeing in our business and proceed adaptively". 📲 Amazon Layoffs: ‘We Will Continue to Evaluate What We Are Seeing in Our Business and Proceed Adaptively’, Says CEO Andy Jassy.

Amazon revenue beat driven by online shopping demand, cloud unit - Vimarsana News

Amazon revenue beat driven by online shopping demand, cloud unit

Amazon.com Inc’s first-quarter revenue beat estimates on Thursday, helped by resilient demand for online shopping and cloud services businesses.

Source: q107.com
Tech layoffs: Uber rival Lyft fires 26% employees in second round of job cuts - Vimarsana News

Tech layoffs: Uber rival Lyft fires 26% employees in second round of job cuts

Risher had previously stated that the company would 'significantly' cut jobs, without giving specific numbers

Amazon pulls plug on health wearables company Halo - Vimarsana News

Amazon pulls plug on health wearables company Halo

Amazon said it will be shutting down Halo, its health and fitness device line, starting July 31. 

Amazon Posts USD 3.2-Bn Profit As It Goes Through Multiple Layoffs - Vimarsana News

Amazon Posts USD 3.2-Bn Profit As It Goes Through Multiple Layoffs

The company has announced two rounds of layoffs, cancelled products, and nixed physical store expansions, according to CNN Business.

Source: india.com