AI/Emerging Tech
Amazon cuts 16,000 jobs
This comes after Amazon laid off 14,000 people last year in October.
Explore the latest news, in-depth reports, and executive analysis tagged with #Lay Offs.
This comes after Amazon laid off 14,000 people last year in October.
Amazon expects to continue hiring in key strategic areas even as it lays off people.
The layoffs came just days after the Reserve Bank of India (RBI) ordered Simpl to immediately stop its payment system operations.
"We undertook broader strategic organisational restructuring, impacting around 16% of our workforce, including a small number of early-career employees," the company said.