Amazon Begins Job Cuts, Says Some Roles No Longer Required

RTTNews | 805 dias atrás
Amazon Begins Job Cuts, Says Some Roles No Longer Required

(RTTNews) - Amazon began to implement job cuts, starting with devices and services division, citing difficult economy. The tech giant did not reveal the number of employees affected, but earlier this week, reports had said it was planning to lay off about 10,000 employees in corporate and technology roles.

In an email to employees, Dave Limp, Senior Vice President of Devices & Services, said, "After a deep set of reviews, we recently decided to consolidate some teams and programs. One of the consequences of these decisions is that some roles will no longer be required."

He noted that the changes at the division, which makes products including Echo, Alexa, Fire, and Kindle devices, come as the company continues to face an unusual and uncertain macroeconomic environment.

The impacted employees were notified the previous day, and the company said it will continue to work closely with each individual to provide support, including assisting in finding new roles.

If employees cannot find a new role within Amazon, the firm will support the transition with a package that includes a separation payment, transitional benefits, and external job placement support.

Limp added that the company will continue to invent as the Devices & Services organization remains an important area of investment for Amazon.

The layoffs would represent less than 1 percent of Amazon's global workforce and 3 percent of its corporate employees.

Amazon reported 798,000 employees at the end of 2019 but had 1.6 million full- and part-time employees as of December 31, 2021, a 102 percent increase.

Recently, some other tech firms also laid off thousands of employees. Meta announced last week that it will slash over 13 percent of its workforce, or more than 11,000 employees.

Twitter, which was recently acquired by Elon Musk in a $44 billion deal, laid off around half its workforce days after the takeover.

Marcadores : AMZN
read more
Amazon's AWS To Invest At Least $11 Bln In Georgia For Cloud, AI Infrastructure

Amazon's AWS To Invest At Least $11 Bln In Georgia For Cloud, AI Infrastructure

Amazon Web Services or AWS, affiliated to tech major Amazon.com Inc., announced its plan to invest at least $11 billion in the U.S. state of Georgia, aiming to expand infrastructure to support cloud computing and artificial intelligence technologies. The landmark investment in Butts and Douglas counties, which is expected to create at least 550 new high-skilled jobs, would enhance Georgia's...
RTTNews | 22 dias atrás
Amazon To Expand Same-Day Prescription Deliveries To 20 More US Cities

Amazon To Expand Same-Day Prescription Deliveries To 20 More US Cities

Amazon revealed its plan to expand same-day delivery of medications to nearly half the US in 2025 by opening new pharmacies. Amazon Pharmacy, a digital-first pharmacy, will offer fast, free delivery of prescription medications in 20 more U.S. cities next year, more than doubling the number of cities, where customers can get Same-Day Delivery of their medications.
RTTNews | 112 dias atrás
Amazon's Prime Big Deal Days Starting Oct. 8

Amazon's Prime Big Deal Days Starting Oct. 8

Amazon has unveiled deep discounts and millions of early holiday deals worldwide from top categories for Prime Members during Prime Big Deal Days, ahead of the upcoming holiday season. Starting October 8, the e-commerce giant is offering some of its lowest prices of the year so far on select products in various categories of electronics, home, toys, beauty, and apparel.
RTTNews | 119 dias atrás
Amazon Offers Wage Hike, Free Prime Membership To Hourly Workers

Amazon Offers Wage Hike, Free Prime Membership To Hourly Workers

Amazon announced an increase in wages for its hourly warehouse workers along with other benefits, including a Prime subscription at no extra cost. Udit Madan, vice president, Amazon Worldwide Operations said the average total compensation package for hourly front-line employees across fulfillment and transportation network in the US would now be over $29 per hour.
RTTNews | 133 dias atrás
Amazon Asks Employees To Return To Office 5 Days A Week

Amazon Asks Employees To Return To Office 5 Days A Week

Online retail giant Amazon.com Inc. is asking its employees to return to office five days a week, starting January 2025, according to CEO Andy Jassy. In a statement, which was also shared with Amazon employees, he presented a couple of changes to further strengthen the company's culture and teams. Amid the ongoing spread of coronavirus in 2020, Amazon as well as majority of tech companies...
RTTNews | 135 dias atrás
Amazon To Invest GBP 8 Bln In UK To Expand AWS Data Centers

Amazon To Invest GBP 8 Bln In UK To Expand AWS Data Centers

Amazon Web Services or AWS, the cloud computing division of e-commerce giant Amazon.com Inc., announced plans to invest 8 billion pounds or around $10.45 billion over the next five years, to build, operate and maintain data centers in the U.K. The move is estimated to contribute 14 billion pounds to the UK's total Gross Domestic Product or GDP over the next five years through to 2028.
RTTNews | 141 dias atrás
Oracle Stock Up On Q1 Profit Above Street, Deals With Amazon, Google

Oracle Stock Up On Q1 Profit Above Street, Deals With Amazon, Google

Shares of Oracle Corp. gained around 9 percent in the after-hours trading on Monday after the tech major reported higher first-quarter earnings above market estimates, and a dividend. The company also announced partnerships with Amazon Web Services, Inc., Google Cloud, and certain other global organizations for Oracle Database.
RTTNews | 142 dias atrás
Amazon Prime Day To Offer Millions Of Deals Starting July 16

Amazon Prime Day To Offer Millions Of Deals Starting July 16

Amazon announced millions of deals with deep discounts for Prime members during the upcoming Prime Day event on July 16 and 17. Prime members will have exclusive access to shop more than 5 million deals from top brands worldwide during Amazon's 10th Prime Day Event this year. Starting July 16 at 12:01 a.m. PDT, for 48 hours, members can shop some of Amazon's lowest prices of the year so far
RTTNews | 203 dias atrás