By: The Trek News Desk E-commerce and technology giant Amazon announced on Wednesday that it is laying off 16,000 employees globally, marking the company’s second major round of job cuts within the past three months. The move aims to correct excessive hiring during the COVID-19 pandemic and reshape the organisation in line with its growing…
By: The Trek News Desk Amazon, the U.S.-based e-commerce powerhouse, unveiled plans on Wednesday to invest an additional $35 billion (over ₹3.14 lakh crore) in India by 2030 across all its business divisions. The investment will prioritise AI-driven digital transformation, export expansion, and large-scale job creation, marking one of the largest commitments by a global…
By: The Trek News Desk In one of the biggest job cuts in its history, Amazon has announced plans to lay off 14,000 corporate employees this year. The move is part of the tech giant’s broader strategy to streamline operations and integrate artificial intelligence (AI) across all business functions. According to Beth Galetti, Amazon’s Senior…
