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Amazon to shut down its global online bookstore as it cuts costs
Updated : 2 years, 11 months ago IST
The UK-based bookseller, bought by Amazon in 2011, announced Wednesday that it would cease operations on April 26, but that customers could still place orders until midday UK time on that day.
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Amazon plans to lay off 9,000 more workers: CEO
Updated : 2 years, 11 months ago IST
The latest cuts come after the company announced earlier this year that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant.
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Amazon to layoff over 18,000 employees citing economic uncertainty
Updated : 3 years, 2 months ago IST
In November 2022 too, Amazon reduced staff size by approximately 10,000, especially in the Devices and Books businesses, and also announced a voluntary reduction offer for some employees in its People, Experience, and Technology (PXT) roles.
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Jeff Bezos to step down as Amazon CEO on July 5
Updated : 4 years, 9 months ago IST
New York [US], May 27 (ANI): Amazon founder Jeff Bezos will officially step down from his role as chief executive on July 5, he announced during the company's annual shareholder meeting Wednesday.
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Amazon's new CEO not yet giving up on video games despite problems
Updated : 5 years, 1 month ago IST
Washington [US], February 4 (ANI): American multinational technology company Amazon's new incoming CEO Andy Jassy has said that despite problems, he is committed to the company's video game development efforts.
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Jeff Bezos to step down as Amazon CEO
Updated : 5 years, 1 month ago IST
Seattle [US], February 3 (ANI): Amazon CEO Jeff Bezos will step down as the chief executive of the company -- which he founded almost 27 years ago, the company announced on Tuesday (local time).
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