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Amazon to slash 18,000 more jobs

In September 2022, the company said it had around 1.5 million employees in total…reports Asian Lite News Amazon on Thursday confirmed it is laying off around 18,000 employees and several teams will
January 6, 2023

Amazon girds up for economic headwinds

An Amazon spokesperson said the loan has been taken to safeguard against the “uncertain macroeconomic environment”…reports Asian Lite News E-commerce giant Amazon has secured $8 billion in Term Loan from DBS Bank,
January 4, 2023

Amazon Academy shuts India ops

Customers will have access to full course material online for extended period of an year, until October 2024….reports Asian Lite News Amazon on Thursday said it is shuttering its edtech offering called
November 25, 2022

Layoffs: India govt summons Amazon

The development comes after a complaint filed by the employee union Nascent Information Technology Employees Senate (NITES) in which it has alleged Amazon of violating labour laws….reports Asian Lite News The Union
November 22, 2022
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Amazon begins mass layoff

Amazon is aiming to eliminate about 10,000 jobs, mostly in retail, devices and human resources…reports Asian Lite News After Meta and Twitter, Amazon has become another Big Tech company to lay off
November 17, 2022

Bezos ready to donate most of his fortune

The fourth-wealthiest person in the world, however, declined to identify a specific percentage or to provide concrete details on where it would likely be spent…reports Asian Lite News Amazon founder Jeff Bezos
November 15, 2022
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