Amazon Layoffs: AI likely to claim 14,000 corporate jobs by early this year as firm eyes cost cuts

E-commerce major Amazon Inc. is set to layoff 14,000 managerial jobs by early 2025 in efforts to save costs for the trillion-dollar company, reported multiple media outlets on Tuesday, March 18. 

(This is a developing story. Please check back for updates.)

  • Aniket Pujari

    Aniket Pujari

    Aniket Pujari, a graduate in Financial Markets, is the founder of Minute To Know News, a digital platform providing daily news updates on cryptocurrencies, finance, and economics. With a passion for finance and technology, Aniket has been exploring the world of cryptocurrencies since 2015, building a deep understanding of these rapidly evolving industries.

    Related Posts

    Inside the one-time settlement between Cafe Coffee Day and Ares SSG Capital

    Coffee Day Enterprises Ltd (CDEL) has negotiated a ₹205-crore settlement with Ares SSG Capital Management to be paid over three years , after the National Company Law Appellate Tribunal (NCLAT)…

    After $70 mn in bank, e-commerce aggregator 10Club close to bankruptcy

    The Bengaluru-based startup’s lack of success in orientating its business model towards stronger target markets and failure to pivot to an alternate strategy in time led to the current state…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Bharat Heavy Electricals Share Price Live blog for 19 Mar 2025

    Tesla gets first in a series of permits it needs to run robotaxis in California

    Vedanta Share Price Live blog for 19 Mar 2025

    Motilal Oswal Financial Services Share Price Live blog for 19 Mar 2025

    Suzlon Share Price Live blog for 19 Mar 2025

    Bank of Japan holds rates steady as Trump tariffs cast a shadow