Page 3 Amazon: Latest News and Updates, Top Stories, Videos, Photos About Amazon

Head Of Amazon's Cloud Division In India And South Asia Resigns

India and South Asia's head of Amazon.com Inc's (AMZN.O) cloud division, Puneet Chandok, has decided to step down from his position, effective from August 31, as announced by the company on Friday. Chandok assumed the role of leading Amazon Web ...

Google, Microsoft, Meta, Amazon Face Scrutiny As They Resume Hiring H-1B Workers After Layoffs

Tech giants Google, Microsoft, Meta (formerly Facebook), and Amazon have reportedly resumed hiring low-paid H-1B IT workers, just months after implementing significant layoffs. This move has sparked a debate about the ethics and labor practices of these influential companies, particularly regarding ...

Amazon Web Services To Invest $12 Bn In India's Cloud Infra By 2030

In a bid to boost its presence, Amazon Web Services on Thursday declared that it plans to invest approximately USD 12.7 billion in cloud infrastructure in the country by 2030 as it is geared up to fulfill rising customer demand for ...

Amazon Layoff Saga Continues, Studios And Prime Video Division Face Woes

Amazon continues to cut jobs from its various divisions. This time the employees from Amazon Studios and Prime Video division as part of the company's effort to streamline the businesses are facing the woes as per a Business Today report. ...

Amazon March Quarter Results Beats Estimates, Cloud's Uncertain Outlook Looms Over

Amazon Inc reported a revenue of $127.4 billion for first quarter ended March 31, 2023 against $124.5 billion expected, according to analysts surveyed by Refinitiv as per a CNBC report. The company's earnings reporting comes just after a day when it ...

Massive Price Hike For Amazon Prime Subscription In India

Amazon, the leading e-commerce company, has recently raised the subscription price of its Prime membership in India, with the objective of encouraging customers to opt for annual plans over monthly or quarterly ones. All subscription plans, except the annual plan, ...

Amazon Pulls The Plug On Halo, Cloud Service Division

Amazon Inc. pulls the plug on Halo, part of cloud service division and has asked employees to take an exit from the company after it started experiencing slow growth in its most profitable division as per a bloomberg report. ...

Amazon Layoffs Continue, This Time Advertising Department

Just a month after Amazon announced that it would be laying off 9000 employees in the coming weeks, the first set of impacted people were notified on Tuesday. The exact number of impacted people is still unknown. On Tuesday morning, Amazon ...

Amazon layoffs: CEO Andy Jassy Announces Around 27,000 Job Cuts, AI And More

The CEO of Amazon, Andy Jassy, wrote to the company's shareholders in an annual letter about the difficult times the business has had in the past and how he is now certain that the recent cost-cutting measures will aid in the ...

Amazon's 'Jassy' Says AI Will Be A 'Big Deal' For Company

Amazon CEO Andy Jassy signalled confidence that the company will get costs under control in his annual shareholder letter, where he also noted the tech giant was "spending heavily" on AI tools that have gained popularity in recent months. In the ...

Amazon Layoff Continues: Amazon Gaming Division Streamlines Workforce, Lays Off Hundreds of Employees

This week saw more layoffs at Amazon, with 100 workers from the business's division of video games losing their employment. The revelation comes weeks after Amazon announced a second round of major layoffs, adding to a wave of job losses that ...

'Amazon' Announces 9,000 Job Cuts

Amazon announced on Monday it will lay off 9, 000 corporate and technology workers, eliminating jobs in addition to the 18,000 job cuts undertaken by the company in the last few months. "As we've just concluded the second phase of our ...

Amazon News