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Image Source : PIXABAY Amazon Layoff: Health-focused Halo division dissolved Amazon has discontinued Halo Band, Halo View, and Halo Rise devices and shuttered its health-focused Halo division. The divisions are no longer available on its website and the company has also laid off employees who were working in the Halo team. In a blog post, the company said that at the…

The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction? The layoff announcements coming lately from the chief executive officers of big technology companies all contain variations on the theme of “we hired too many people during the pandemic,” expressed with varying degrees of contrition. At one end of the spectrum are Seattleites Andy Jassy of Amazon.com Inc. and Satya Nadella of Microsoft Corp. Amazon's layoffs were simply an outgrowth of its…

With job cuts mounting across the tech industry and beyond, even recruiters at Amazon are turning on green LinkedIn 'open to work' badges before they've been formally laid off. With job cuts mounting across tech, finance and other industries, why wait to get fired when you can skip directly to being hired? The move, called “career cushioning,” involves lining up a plan B while still fully employed, especially when job cuts are imminent. This is usually done discreetly — perhaps a networking call taken…

Amazon.com Inc. will wind down parts of its Indian operations, showing that even the crucial growth market isn’t immune to CEO Andy Jassy’s cost-reduction campaign. Amazon.com Inc. will wind down parts of its Indian operations, showing that even the crucial growth market with 1.4 billion consumers isn't immune to Chief Executive Officer Andy Jassy's cost-reduction campaign. The company said it is exiting meal deliveries as well as a service providing bulk doorstep deliveries of packaged consumer goods to small…

A running list of the layoffs announced in the industry. Tech companies are trimming staff and slowing hiring as they face higher interest rates and sluggish consumer spending in the US and a strong dollar abroad. The tech industry shed 9,587 jobs in October, the highest monthly total since November 2020, according to Challenger, Gray & Christmas Inc., a consulting firm that tallies job cuts announced or confirmed by companies across telecom, electronics, hardware manufacturing and software development. In recent…

Amazon CEO Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions. Amazon.com Inc. Chief Executive Officer Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs.“Leaders across the company are working with their teams and looking at their workforce levels, investments they want to make in…

Amazon is gearing up to enter the augmented reality (AR) and virtual reality (VR) space, suggests new job listings posted on the company's recruitment website. As per the new listing on Amazon Jobs, the e-commerce giant is looking to hire a number of people including designers, product managers, researchers and technologists for an unannounced AR/VR product. The listing hints that Amazon is working on a device that will be a "new-to-world smart-home product” that uses Extended Reality (XR) technology. Tech giants…