'The New York Times' and 'The Wall Street Journal' report that a source claims that the retail behemoth will lay of thousands of workers starting this week.
Amazon has never made such a large cut to its staff.
The company's devices organization, human resources and retail division will mostly be impacted.
.
The layoffs will account for less than 1% of Amazon's global staff and 3% of corporate employees.
The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs.
.
The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs.
.
The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs.
.
The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs.
.
The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs.
.
CNBC reports that Amazon CEO Andy Jassy has been trying to cut costs where he can as sales slow and the economy suffers.
Some of the measures the company has taken include shutting down its telehealth service, closing most of
its U.S. call centers and axing its delivery robot.
Some of the measures the company has taken include shutting down its telehealth service, closing most of
its U.S. call centers and axing its delivery robot.
Some of the measures the company has taken include shutting down its telehealth service, closing most of
its U.S. call centers and axing its delivery robot.
CNBC reports that Amazon shares were down 2.5% on Nov.
14.
They're down 41% for the year.
According to CNBC, Amazon stock
"is on pace for its worst year since 2008."
Amazon Workers Hold , First-Ever UK Strike.
'The Hill' reports that Amazon warehouse workers in Britain went on strike on Jan. 25.
Union members at Amazon's fulfillment center in Coventry are upset over pay and working conditions.
Amazon says it offers "competitive pay"
starting at 10.50 to 11.45 pounds and hour,
which is about $13 to $14 dollars in American money.
But amid the current cost-of-living crisis, many workers feel those wages just aren't enough. .
'The Hill' reports that Amazon has felt the harsh reality of the changing economy just as other tech companies have recently.
Amazon announced 18,000 layoffs this month. .
'The Hill' reports that Amazon workers in other parts
of Europe, like Spain and Germany, often protest in demand
of higher wages and improved working conditions.
Last year, unions and advocacy groups in over
30 countries staged walkouts on Black Friday as part
of their campaign called "Make Amazon Pay.".
In New York, dozens of workers were suspended after refusing to return to work following a trash compactor fire
Credit: Wibbitz Top Stories Duration: 01:31Published
Amazon staff walked out on strike for the first time ever in the UK on Wednesday. Members of the GMB union, based at what the company calls a 'fulfilment centre' in Coventry, are taking action over pay and conditions. Some have claimed that even the robots in their workplace are treated better than they are. Report by Wardl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Amazon Offers Prime Members , a Generic Prescription Perk.
CNBC reports that Amazon
debuted RxPass on Jan. 24.
The new perk will grant Prime members access to 50 generic medications
that treat over 80 conditions.
However, insulin and specialty
medications are not available.
The service is also not accessible
to those on Medicaid or Medicare.
RxPass costs $5 a month
and includes free delivery.
The move marks Amazon's latest
push into the health care sector.
CNBC reports that Amazon launched an online pharmacy in 2020 after acquiring PillPack in 2018.
In July, the company revealed it is acquiring One Medical, a primary care provider. .
Vin Gupta, chief medical officer at Amazon, said the company strives to create a "fundamentally different" pharmacy experience. .
This is still day one for us where we’re
at our beginning stages here, but we recognize that change is needed. , Vin Gupta, Amazon chief medical officer, via statement.
That’s what patients across the
country are telling us, and that’s
what Amazon is responding to, Vin Gupta, Amazon chief medical officer, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
A Colombian fish trader is set to be indicted as the mastermind of last year's killing of British journalist Dom Phillips and indigenous expert Bruno Pereira. Sky News
James Gunn Unveils , DC’s New Film and TV Projects.
In October, Gunn and Peter Safran
were named co-CEOs of DC Studios.
In October, Gunn and Peter Safran
were named co-CEOs of DC Studios.
CNBC reports that on Jan. 31, Gunn announced a
slate of new projects that will comprise the next
eight to 10 years of content from Warner Bros. Discovery.
In a social media video, Gunn revealed close to a dozen projects for a new chapter of the DC Extended Universe (DCEU), "Gods and Monsters.".
New films will include 'Superman: Legacy,'
'The Authority,' 'The Brave and the Bold,'
'Supergirl: Woman of Tomorrow' and 'Swamp Thing.'.
New TV projects will include
'Creature Commandos,' 'Waller,'
'Booster Gold,' 'Lanterns' and 'Paradise Lost.'.
One of the things that’s very
important for me in all of these movies and TV series is that the director’s vision and the vision of the writers
and all of the creators is unique, James Gunn, co-CEO of DC Studios, via statement.
Gunn also clarified that moving forward, projects that aren't included in the DCEU will be categorized as part of "DC Elseworlds.".
This includes a 2024 'Joker' sequel and
'The Batman - Part II,' due in 2025.
This includes a 2024 'Joker' sequel and
'The Batman - Part II,' due in 2025.
Upcoming 2023 theatrical releases include
'Shazam: Fury of the Gods,' 'The Flash,'
'Blue Beetle' and 'Aquaman and the Lost Kingdom.'.
Upcoming 2023 theatrical releases include
'Shazam: Fury of the Gods,' 'The Flash,'
'Blue Beetle' and 'Aquaman and the Lost Kingdom.'
Credit: Wibbitz Top Stories Duration: 01:30Published
Microsoft Users Hit With , Global Cloud Outage.
CNBC reports that on Jan. 25, Microsoft's cloud platform, Azure, went down and affected products such as Teams, Outlook and more.
Downdetector saw a spike in issues with
Microsoft 365 products being reported at 3 a.m. ET.
Microsoft told customers they may , “experience issues with networking connectivity, manifesting as network latency and/or timeouts when attempting to connect to Azure resources in multiple regions, as well as other Microsoft services.”.
We’ve identified a potential networking issue and are reviewing telemetry to determine the next troubleshooting steps, Microsoft, via statement.
According to CNN, the Americas, Europe, Asia Pacific, Middle East and Africa were impacted.
Microsoft has since reversed a network change that may have caused the disruption. .
CNBC reports that by about 9:30 a.m. ET,
Microsoft's services were recovered and stable.
The outage comes hours after Microsoft reported its earnings for the quarter ending in December.
Credit: Wibbitz Top Stories Duration: 01:30Published
Microsoft Announces , Third Phase of
Multibillion-Dollar
Investment , in OpenAI.
Microsoft Announces , Third Phase of
Multibillion-Dollar
Investment , in OpenAI.
The new phase of
investment in the
ChatGPT-maker was
announced on Jan. 23.
While Microsoft did not reveal the exact amount of the investment.
... CNBC reports that it could potentially reach $10 billion.
Microsoft went public about its OpenAI investment in 2019, when the company became the exclusive cloud computing services provider.
We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize AI as a new technology platform, Satya Nadella, Microsoft CEO, via CNBC.
According to AI researchers, OpenAI ranks among the top three AI labs in the world.
The company's ChatGPT is a text generator that has gone viral since its release in Nov. .
Modern AI systems work well for the specific problem on which they’ve been trained, Joint Press Release From July 2022, via CNBC.
... but getting AI systems to help address some of the hardest problems facing the world today will require generalization and deep mastery of multiple
AI technologies, Joint Press Release From July 2022, via CNBC.
OpenAI and Microsoft’s vision is for artificial general intelligence to work with people to help solve currently intractable multidisciplinary problems, Joint Press Release From July 2022, via CNBC.
... including global challenges such as climate change, more personalized healthcare
and education, Joint Press Release From July 2022, via CNBC.
We believe that the creation of beneficial AGI will be the most important technological development in human history, , OpenAI Press Release From July 2022, via CNBC.
... with the potential to shape the trajectory of humanity, OpenAI Press Release From July 2022, via CNBC.
OpenAI's founding investors include
Elon Musk and Sam Altman. .
OpenAI's founding investors include
Elon Musk and Sam Altman.
Credit: Wibbitz Top Stories Duration: 01:31Published
Netflix Founder Reed Hastings , Steps Down As Co-CEO.
CNBC reports that Netflix made the announcement on Jan. 19.
Greg Peters will join Ted Sarandos as co-CEO.
Greg Peters will join Ted Sarandos as co-CEO.
Sarandos issued a statement
about Hastings stepping down.
I want to thank Reed for his visionary leadership, mentorship and friendship over the last 20 years. , Ted Sarandos, Netflix co-CEO, via statement.
We’ve all learned so much from his intellectual rigor, honesty and willingness to take big bets — , Ted Sarandos, Netflix co-CEO, via statement.
... and we look forward to working with him for many more years to come, Ted Sarandos, Netflix co-CEO, via statement.
Hastings took to Twitter to share that he plans to "serve as Executive Chairman for years to come.".
Netflix also revealed its
fourth-quarter earnings report.
The company says it met Wall Street's expectations and added millions more subscribers than anticipated
Credit: Wibbitz Top Stories Duration: 01:30Published
Robinhood to Offer , 1% Retirement Match.
Yahoo Finance reports that the online brokerage made the announcement on Dec. 6.
Users can now join a waitlist to access traditional or Roth IRAs with a 1% match.
Those who participate will be able to
access up to $1,000 of contributions to
invest before they settle in their account.
The offering is set to roll out in January.
I think you'll really like what the product is going to look like and the value prop for customers, Vlad Tenev, Robinhood Chief Executive Officer,
via third-quarter earnings calls.
And we're polishing it and making sure that it looks great, but we feel good about rolling it out just in time for the tax season, Vlad Tenev, Robinhood Chief Executive Officer,
via third-quarter earnings calls.
The offering comes as the retail trading boom from last year has begun to fade and the company has gone through two rounds of layoffs.
Robinhood's latest quarterly report shows that active monthly users declined by
1.8 million from the previous quarter.
Robinhood shares were down 48% year-to-date on Dec. 5
Credit: Wibbitz Top Stories Duration: 01:31Published
Bill Gates Weighs In , On Conspiracy Theories.
'Newsweek' reports that Bill Gates believes traditional
media is helping to magnify conspiracy theories
regarding his role in the global vaccine rollout.
According to the Microsoft founder, advances
in technology have increased the ability for
misinformation to be created and spread.
According to the Microsoft founder, advances
in technology have increased the ability for
misinformation to be created and spread.
Despite these unforeseen consequences
of our technological advancement,
Gates remains optimistic about the future.
The downsides of a modern technology,
we have been able to manage those
to the benefit of mankind. , Bill Gates, Billionaire philanthropist, via 'Newsweek'.
The billionaire added that the next generation, "will hopefully be creative about social media
and how we make it more of a force for good.".
As conspiracy theories regarding Gates
spread across social media, calls were raised
for tech firms to crackdown on misinformation. .
As conspiracy theories regarding Gates
spread across social media, calls were raised
for tech firms to crackdown on misinformation. .
'Newsweek' reports that some of the imposed
censorship has been condemned by Republicans as
overreach by Democratic officials and tech firms.
Since January 2020, the Bill and Melinda Gates
Foundation has invested over $770 million
in funding the fight against COVID.
According to figures from the World Health Organization
(WHO), the Gates' foundation gave more more money to the
United Nations agency than the United States government.
According to figures from the World Health Organization
(WHO), the Gates' foundation gave more more money to the
United Nations agency than the United States government.
Nobody would have predicted that I and
[Anthony Fauci, the former medical adviser
to the president] would be so prominent in
these really evil theories. I'm very surprised
by that [and] I hope it goes away, Bill Gates, Billionaire philanthropist, via Reuters.
Nobody would have predicted that I and
[Anthony Fauci, the former medical adviser
to the president] would be so prominent in
these really evil theories. I'm very surprised
by that [and] I hope it goes away, Bill Gates, Billionaire philanthropist, via Reuters
Credit: Wibbitz Top Stories Duration: 01:30Published
Donald Trump’s , Facebook and Instagram Accounts , Will Be Reinstated.
'The Hill' reports that parent company Meta made the announcement via a news release on Jan. 25.
The former president had previously received a two-year ban in the wake of the events of Jan. 6.
Now, Trump will be allowed to return
to the platforms in the coming weeks.
Our determination is that the risk has sufficiently receded, and that we should therefore adhere to the two-year timeline we set out, Nick Clegg, Meta's President for Global Affairs, via Twitter.
The public should be able to hear what their politicians are saying — the good, the bad and the ugly — so that they can make informed choices at the ballot box, Meta, via news release.
Trump's Twitter account was also
reinstated in November following
Elon Musk's acquisition of the platform.
While Trump now primarily uses his own social media platform, Truth Social, it's unclear whether he will actually return to the other platforms.
After Meta's announcement on Jan. 25,
Trump responded with criticism.
FACEBOOK, which has lost Billions of Dollars in value since ‘deplatforming’ your favorite President, me, has just announced that they are reinstating my account. , Donald Trump, via Truth Social.
Such a thing should never again happen to a sitting President, or anybody else who is not deserving of retribution!, Donald Trump, via Truth Social
Credit: Wibbitz Top Stories Duration: 01:31Published
Former US President Donald Trump's Facebook and Instagram accounts have been reinstated by Meta, ending a two-year suspension it imposed in the wake of the Capitol riots. Facebook's parent company Meta announced the decision via a blog post
#DonaldTrump #Meta #Facebook
Donald Trump is now allowed to make a comeback to social media -- Meta, the company that owns Facebook and Instagram, is ending his suspension -- but it'll come.. TMZ.com
Donald Trump Pushes , for His Social Media Accounts , to Be Reinstated.
NBC reports that Donald Trump is looking to regain
control of his social media accounts as he
mounts his comeback bid for the White House.
Trump has formally petitioned Facebook's parent
company to unblock his account which has been
blocked for two years since the U.S. Capitol riot.
Trump has formally petitioned Facebook's parent
company to unblock his account which has been
blocked for two years since the U.S. Capitol riot.
We believe that the ban on President Trump’s
account on Facebook has dramatically
distorted and inhibited the public discourse, Trump campaign letter to Meta, via NBC.
NBC reports that Trump's campaign has petitioned
Meta for a “meeting to discuss President Trump’s
prompt reinstatement to the platform.”.
A spokesperson for Meta reportedly said that the
company “will announce a decision in the coming
weeks in line with the process we laid out.”.
Facebook's initial ban of the former
president came under review
starting on January 7 of this year.
On November 19, Twitter owner Elon Musk reinstated
Trump's account while criticizing the platform's
previous leadership for enacting the permanent ban.
On November 19, Twitter owner Elon Musk reinstated
Trump's account while criticizing the platform's
previous leadership for enacting the permanent ban.
Last month, Democrats in
the U.S. House urged Facebook to
extend Trump's ban on the platform. .
Trump has continued to post harmful
election content on Truth Social that would
likely violate Facebook’s policies, and we
have every reason to believe he would
bring similar conspiratorial rhetoric
back to Facebook, if given the chance, Adam Schiff, California House Democrat, via NBC.
NBC reports that Facebook played a crucial role
in Trump's successful 2016 campaign, which helped him
raise money and out-message his opponent, Hillary Clinton. .
NBC reports that Facebook played a crucial role
in Trump's successful 2016 campaign, which helped him
raise money and out-message his opponent, Hillary Clinton.
Credit: Wibbitz Top Stories Duration: 01:31Published
Netflix to End Free Password Sharing , by End of March.
Last Spring, Netflix said it intended
to figure out a way to block
password sharing with different households.
'USA Today' reports that the streamer plans to implement that change "more broadly later in Q1.".
Netflix previously conducted a pilot program in Latin American countries where a "sub-account" could be added for $3 a month.
From our experience in Latin America, we expect some cancel reaction in each market when we roll out paid sharing, which impacts near term member growth, Netflix, via letter to shareholders.
But as borrower households begin to activate their own standalone accounts and extra member accounts are added, we expect to see improved overall revenue, Netflix, via letter to shareholders.
To detect password sharing, 'USA Today' says Netflix "uses IP addresses, device IDs and account activity." .
If a device is often used outside of a household, Netflix will ask for that device to be verified.
The change in sharing accounts comes a year after Netflix raised the price of its basic plan from $8.99 a month to $9.99 a month.
The company also rolled out a
$6.99 monthly plan with advertisements. .
The company also rolled out a
$6.99 monthly plan with advertisements.
Credit: Wibbitz Top Stories Duration: 01:31Published
Amazon to Let Go of Over 18,000 Workers.
CNN reports that CEO Andy Jassy detailed the layoffs in a memo to employees.
Between the reductions we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles.
“Companies that last a long time go through different phases. They’re not in heavy people expansion mode every year,”.
Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organizations
Credit: Wibbitz Top Stories Duration: 01:31Published
On Wednesday, Amazon announced that it will cut more than 18,000 jobs from its workforce, citing ‘the uncertain economy’. According to reports, in a statement to his staff Amazon CEO Andy Jassy said and I quote, "Between the reductions we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles."
#AmazonLayoffs #Amazon #AndyJassy
Amazon layoff is said to be one of the largest job cuts in the company's history and is focused on... Zee News - Published Also reported by •newKerala.com
Thousands of employees walked out as they were dissatisfied with pay and working conditions in about 40 different countries, including the United States, Germany, France and Japan.
https://brainhealthincome.com Have you lost your big tech job? Need to make a living? Start your own Yoli Franchise for just $49. Yoli Direct Sales Business is open in Canada, Philippines, &..
![Amazon Workers Hold First-Ever UK Strike [Video]](https://video.newsserve.net/300/v/20230125/1347062609-Amazon-Workers-Hold-First-Ever-UK-Strike.jpg)
![UK Amazon staff walk out for the first time ever [Video]](https://video.newsserve.net/300/v/20230125/1347051436-UK-Amazon-staff-walk-out-for-the-first.jpg)
![Amazon Offers Prime Members a Generic Prescription Perk [Video]](https://video.newsserve.net/300/v/20230124/1347010682-Amazon-Offers-Prime-Members-Generic-Prescription-Perk.jpg)
![James Gunn Unveils DC’s New Film and TV Projects [Video]](https://video.newsserve.net/300/v/20230131/1347376139-James-Gunn-Unveils-DC-New-Film-and.jpg)
![Microsoft Users Hit With Global Cloud Outage [Video]](https://video.newsserve.net/300/v/20230125/1347052510-Microsoft-Users-Hit-With-Global-Cloud-Outage.jpg)
![Microsoft Announces Third Phase, Multibillion-Dollar Investment in OpenAI [Video]](https://video.newsserve.net/300/v/20230123/1346969445-Microsoft-Announces-Third-Phase-Multibillion-Dollar-Investment-in.jpg)
![Netflix Founder Reed Hastings Steps Down As Co-CEO [Video]](https://video.newsserve.net/300/v/20230120/1346825038-Netflix-Founder-Reed-Hastings-Steps-Down-As-Co.jpg)
![Robinhood to Offer 1% Retirement Match [Video]](https://video.newsserve.net/300/v/20221206/1344621807-Robinhood-to-Offer-Retirement-Match.jpg)
![Bill Gates Weighs In On Conspiracy Theories [Video]](https://video.newsserve.net/300/v/20230130/1347308610-Bill-Gates-Weighs-In-On-Conspiracy-Theories.jpg)
![Donald Trump’s Facebook and Instagram Accounts Will Be Reinstated [Video]](https://video.newsserve.net/300/v/20230126/1347096823-Donald-Trump-Facebook-and-Instagram-Accounts-Will.jpg)
![Trump set to return to social media as Meta lifts ban [Video]](https://video.newsserve.net/300/v/20230126/1347082824-Trump-set-to-return-to-social-media-as.jpg)
![Donald Trump to be allowed back on Facebook and Instagram after 2-year ban | Oneindia News [Video]](https://video.newsserve.net/300/v/20230126/1347072753-Donald-Trump-to-be-allowed-back-on-Facebook.jpg)
![Donald Trump Pushes for His Social Media Accounts to Be Reinstated [Video]](https://video.newsserve.net/300/v/20230118/1346702857-Donald-Trump-Pushes-for-His-Social-Media-Accounts.jpg)
![‘Stranger Things’ Is 2022’s Most Streamed Show | THR News [Video]](https://video.newsserve.net/300/v/20230126/1347108251-Stranger-Things-Is-2022-Most-Streamed-Show.jpg)
![Netflix to End Free Password Sharing by End of March [Video]](https://video.newsserve.net/300/v/20230126/1347098715-Netflix-to-End-Free-Password-Sharing-by-End.jpg)
![‘Cobra Kai’ to End With Season 6 on Netflix | THR News [Video]](https://video.newsserve.net/300/v/20230120/1346837587-Cobra-Kai-to-End-With-Season-on.jpg)
![Zack Snyder’s ‘Rebel Moon’ Gets 2023 Release Date Revealed In Netflix Teases 2023 Slate | THR News [Video]](https://video.newsserve.net/300/v/20230118/1346716342-Zack-Snyder-Rebel-Moon-Gets-2023-Release.jpg)
![Amazon to Let Go of Over 18,000 Workers [Video]](https://video.newsserve.net/300/v/20230105/1346015898-Amazon-to-Let-Go-of-Over-18-000.jpg)
![Amazon to fire over 18,000 employees as it cuts costs, says CEO Andy Jassy | Oneindia News*News [Video]](https://video.newsserve.net/300/v/20230105/1345980284-Amazon-to-fire-over-18-000-employees-as.jpg)
![Thousands of Amazon workers walk out amidst holiday shopping season [Video]](https://video.newsserve.net/300/v/20221126/1669489946-Thousands-of-Amazon-workers-walk-out-amidst-holiday.jpg)
![Report: Amazon plans to lay off 10,000 people | Latest World News | English News | WION [Video]](https://video.newsserve.net/300/v/20221121/1669021355-Report-Amazon-plans-to-lay-off-10-000.jpg)
![Amazon & Other Big Tech Companies Lay Off Employees | Start A Yoli Wellness Franchise [Video]](https://video.newsserve.net/300/v/20221121/1669017030-Amazon-amp-Other-Big-Tech-Companies-Lay-Off.jpg)
