amazon layoffs

Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources familiar with the matter.The San Jose, California-based company has a total employee count of 84,900 as of fiscal 2023, according to its website.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIndian School of…

Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to hit the tech industry.However, the report added that Salesforce still has 1,000 jobs open across the company, implying that the move could be more of a routine adjusting of the company's workforce, the report said, citing a source.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product…

Image Source : FILE eBay joins Google and Amazon in employee layoffs eBay is making changes in its company, and unfortunately, it means some people will lose their jobs. The company plans to let go of about 1,000 full-time employees, which is around 9 per cent of its total workforce. They will also be reducing the number of contract workers in the coming months. …

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The third-quarter IT earnings for FY24 began on a weak note as TCS posted a low single-digit rise in net profit while Infosys saw its profit fall 7%. This and more in today’s ETtech Top 5.Also in this letter:■ Apple takes down crypto apps■ Fresh layoffs at Google■ Zomato’s fresh 52-week highQ3 earnings: TCS profit up 2%, Infosys down 7% TCS and Infosys kicked off the IT earnings season for the third quarter today. While TCS reported a 2% growth in profit to Rs 11,058 crore, Infosys saw its net profit…

Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal note on Wednesday as companies extend their massive job cuts over the past two years into 2024.The staff facing exit at Prime Video and Amazon MGM Studios in the Americas will be informed on Wednesday and in most other regions by the end of the week.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of…

Amazon has started to layoff employees from its music division. The company said that employees working across Latin America, North America and Europe have been impacted. The latest job cuts mark the latest in a series of layoffs that have affected over 27,000 employees. The retail giant, however, did not say the number of employees that have been impacted.“We have been closely monitoring our organisational needs and prioritising what matters most to customers and the long-term health of our businesses,” news agency…

For the thousands of workers who'd never experienced upheaval in the tech sector, the recent mass layoffs at companies like Google, Microsoft, Amazon and Meta came as a shock.Now they are being courted by long-established employers whose names aren't typically synonymous with tech work, including hotel chains, retailers, investment firms, railroad companies and even the Internal Revenue Service. All of those sectors have signaled on recruiting platforms that they are still hiring software engineers, data scientists and…

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…

Amazon.com Inc said on Wednesday it was shutting down its Halo division that sells health and sleep trackers as the technology giant kicks off wider company layoffs. The company said it will stop supporting Halo services from July 31, and will fully refund Halo devices purchases made in the preceding 12 months. "We notified impacted employees in the U.S. and Canada today," the company said in a blog post. The company had introduced the original Halo band in 2020, which came as a fitness tracker along with a subscription…