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Tag: Amazon

Amazon AWS and OpenAI
Finance/Business / Technology

OpenAI and Amazon’s AWS sign a game-changing $38 billion deal

November 4, 2025November 4, 2025 - by cmedia

IBNS-CMEDIA: Amazon Web Services (AWS) and OpenAI have announced a multi-year, strategic partnership that provides AWS’s infrastructure to run and scale the AI firm’s core artificial intelligence (AI) workloads starting immediately. …

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All Finances

Major IT firms with AI roles see layoffs of over 1,00,000 employees

November 2, 2025November 2, 2025 - by cmedia

#Microsoft# Meta# Amazon# Intel# IT Layoffs; #AI IBNS-CMEDIA: 2025 witnessed major IT firms further expanding their AI role, besides laying off over 1,00,000 employees across 218 companies, as per data …

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All Finances

Amid AI-led efficiencies, Amazon to make its biggest historical layoff

October 28, 2025October 28, 2025 - by cmedia

#Amazon# Layoff# job cuts# job loss# AI# AI job loss# ecommerce IBNS-CMEDIA: E-commerce giant Amazon has announced that it will trim its corporate workforce by laying off 14,000 jobs, according …

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layoffs
All Finances

Amazon prepares for its largest high-profile layoffs since 2022

October 28, 2025October 29, 2025 - by cmedia

IBNS-CMEDIA: Amazon is preparing for its largest layoffs, mostly in corporate roles, according to media reports. The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the …

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All Finances

Amazon readies for a major automation push, plans to replace over 500,000 jobs with robots

October 22, 2025October 22, 2025 - by cmedia

#Amazon# Automation# AI# unemployment# AI Workforce New York/IBNS-CMEDIA: America’s second-largest employer, Amazon is set to replace over 500,000 jobs with robots as the company readies for its next major transformation. …

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Technology

Amazon’s AWS recovering after major worldwide disrupts in apps

October 20, 2025October 20, 2025 - by cmedia

CMEDIA: Following reportedly a disruption of businesses globally due to widespread outage caused by Amazon’s cloud services unit AWS that knocked out thousands of websites including some of the world’s most popular apps – Snapchat …

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All Finances

‘Work at McDonald’s…learn responsibility…show up…to hustle’: Jeff Bezos’ career advice

October 12, 2025October 12, 2025 - by cmedia

#Jeff Bezos# McDonald’s# Amazon# Entrepreneurship# career advice# Gen Z# work experience# startup culture IBNS-CMEDIA: Amazon founder Jeff Bezos has offered unconventional yet practical advice for young people aspiring to become …

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News / US

The US FTC settles with Amazon on alleged deceptive Prime subscriptions, secures $2.5 bln

September 26, 2025September 26, 2025 - by cmedia

#Amazon#Amazon Claims# FTC# Amazon Prime IBNS-CMEDIA: The U.S. Federal Trade Commission (FTC) said on Thursday it has reached a “historic” settlement with Amazon.com Inc and two senior executives over allegations …

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Finance/Business

Amazon To Slash 14,000 corporate jobs this year

March 19, 2025March 19, 2025 - by cmedia

Amazon# Amazon JobCut# Layoffs# Amazon Layoffs# Amazon Managerial Positions# JobCut#Morgan Stanley IBNS-CMEDIA: E-commerce giant Amazon is planning to slash 14,000 managerial positions by early 2025 as part of its attempt to cut …

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Finance/Business / World

World’s five richest men more than doubled their fortunes from $405 Bi to $869 Bi since 2020: Oxfam report claims

January 15, 2024January 15, 2024 - by cmedia

#Oxfam, #OxfamReport, #Global, #GlobalRich, #Amazon, #JeffBezos, #Poverty IBNS: The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while …

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