Business

According to CEO Andy Jassy, departments that the 18,000 employees to be impacted will include human resources teams and Amazon Stores.

This week, the company announced that it is nixing all meetings with more than two workers in an attempt to right-size its remote workforce’s calendar.

“As counterintuitive as it may sound, this layoff left me in a really good position,” said Nic Szerman.

Rather than admitting challenges, the company has taken various other methods to cushion its business. This includes reorganizations, canceling projects and cutting down funding for other business arms.

Following supply chain issues, global tension and the threat of an economic downturn, companies spent a large portion of 2022 planning for the future — more specifically, how to survive...

According to the U.S. Department of Labor report, jobless claims grew by 2,000 in the week ending December 17 to 216,000.

Due to the significant supply demand mismatch entering calendar 2023, we expect that profitability will remain challenged throughout 2023,” said Micron's CEO.

Creators have become a marketing team’s dream in recent years, giving companies the ability to partner with influencers and promote their brand in a manner that feels authentic.

According to the Commerce Department’s GDP report, the economy surpassed expectations, growing 3.2% from July to September of this year.

According to sources, Tesla will conduct a hiring freeze during the first quarter of 2023.