AMAZON LAYOFFS
Tech layoffs were just the start: 1.6 million more US job cuts could push America toward recession
US technology layoffs have crossed 200,000 in 2026, with Google, Microsoft, Amazon and other major companies cutting jobs. But the bigger concern is whether the trend will spread to retail and financial services, where another 1.6 million job losses could push unemployment higher and raise fears of a US recession.
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up
Canva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve project management and empower decision-making, teams will be consolidated. From January, employees will need to work in the office two to three times a week. A support package will provide generous severance, healthcare benefits, and career assistance, alongside a grant program to help exiting employees pursue new career paths.
Amazon cloud business accelerates but shares drop on profit miss
Amazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to meet analyst forecasts. The tech giant reported a total revenue of $201.9 billion, revealing struggles across multiple sectors. Nonetheless, the growth of its AWS cloud division stood out as a silver lining.
Amazon layoffs hit during Prime Big Deal Days while Bezos says AI could bring 3-day workweeks and US may beat China to moon by 2028
Amazon layoffs: Amazon is cutting fewer than 1,000 white-collar jobs during Prime Big Deal Days, mainly across its Stores division. At the same time, Jeff Bezos says AI could make three-day workweeks possible and believes the US could beat China to the moon by 2028.
Amid layoffs, Sam Altman has an advise for MBA grauates that can keep them employable for a longer period
OpenAI CEO Sam Altman has urged MBA graduates to explore new opportunities created by artificial intelligence instead of following outdated career trends. Amid layoffs and concerns over AI replacing jobs, he believes technological disruption could create opportunities for entrepreneurs and professionals willing to adapt.
Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?
Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact 3% to 6% of the workforce in India and similar proportions worldwide, aims to boost performance and tackle unmet expectations. Amid challenges in the consumer electronics sector, the company is shifting focus towards expansion in data centers and AI technologies for stronger business diversification.
- Go To Page 1
TVS Motor to make 80,000 electric two-wheelers a month as EVs capture over 20% of India's scooter market
TVS Motor Company plans to raise its electric two-wheeler manufacturing capacity to 80,000 units per month by March 2027 as sales surge and demand for electric scooters grows. The company's EV sales more than doubled in the second quarter, while rivals Bajaj Auto and Ather Energy are also expanding production to meet rising demand.
Nitin Gadkari says no challan for speeding up to 20% over the limit: What he told officials, when challans should be issued & what motorists must know
Nitin Gadkari has said motorists should not receive speeding challans for exceeding the applicable speed limit by up to 20%, while those crossing the threshold should be penalised. He also warned contractors over poor-quality highways, defended E20 petrol blending and called for domestic manufacturing of tunnel-boring machines as India plans major investments in tunnel infrastructure.
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big Tech
Amazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to streamline operations and align staffing with product priorities. The latest layoffs add to more than 31,000 job cuts announced across several rounds since October 2025, including reductions in its retail business. The move comes amid wider workforce changes at tech giants such as Microsoft, Netflix and Oracle, as companies reassess costs and investment priorities.
Amazon announces second round of layoffs this month, cuts 250 jobs in devices unit
Amazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cut around 1,000 positions from its core retail sector. These reductions aim to enhance operational efficiency and align with future product strategies. Meanwhile, both Microsoft and Dropbox have joined the trend, recently announcing their own workforce cuts amidst a tech industry facing widespread layoffs in 2026.
Explained: Microsoft's buyout offer to about 60,000 employees
Staff on select teams in the US, Canada, India, and Britain, at the level of vice president and below. Some groups are excluded, including some data centre staff and employees in sales and marketing. Chief people officer Amy Coleman told employees in a memo that the offer is meant to create “greater flexibility” for staff.
Meet Rajesh Ambati, the Indian-origin vice-president of engineering at Apple
Rajesh Ambati, a software engineer of Indian descent, has recently ascended to vice-president of engineering at Apple. In this new role, he will lead efforts in connectivity technologies and bolster product development initiatives. Additionally, Louie Sanguinetti and Derek Shaeffer have also been elevated to vice-president roles in light of organizational changes.
Layoffs: Microsoft, Amazon, HP among companies reducing staff due to AI push
Recent developments reveal that leading tech firms like Microsoft and Amazon are making substantial job cuts due to the rise of AI technologies. Microsoft has launched a voluntary exit program that may impact approximately 60,000 employees globally. Meanwhile, Amazon has laid off around 30,000 workers as part of a restructuring effort driven by AI advancements.
Amazon to recruit over 300,000 workers for holiday season in first hiring jump in three years
In a significant move, Amazon plans to hire over 300,000 employees in the US for the upcoming holiday season, marking its first recruitment boost in three years. Starting next year, seasonal workers who log at least 30 hours a week will enjoy healthcare benefits. Both full-time and seasonal positions offer a generous hourly wage of $20, coinciding with the projected US holiday sales surpassing $1 trillion this year.
Five hours a week of posting earned more than her 9-to-5: Meet Sundas Khalid of Seattle, she posted career wins on Instagram while at Amazon. In 2024 the side hustle earned $302,000
Sundas Khalid spent years building her career in Big Tech, moving from a $77,000 starting salary at Amazon to earning $292,000 a year at Google. Then her side business began bringing in even more money than her full-time job. In 2024, Khalid generated $302,000 in revenue through content creation, according to Business Insider. She spent around four to five hours a week on the business while continuing to work a 40-hour week at Google.
Winners of The ET Startup Awards 2026 to be feted today
Happy Friday! The who's who of the startup ecosystem will come together in Bengaluru today to honour the winners of The Economic Times Startup Awards (ETSA) 2026.
Jeff Bezos says AI could bring a 3 day work week, so why is Amazon cutting jobs?
The Amazon founder believes rising productivity could make shorter workweeks possible. Some people may eventually earn enough to support their families while working just three days a week. Others might find that one income is enough to run their household.
India’s AI rules take shape; TCS profit jumps 15%
The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.
Amazon India layoffs: Pink slips handed to employees across retail, customer service functions
The layoffs came to light a day after Amazon's biggest flagship sale event in the country, Great Indian Festival, opened on October 7.
Amazon makes fresh job cuts, mainly in retail division
Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce
Amazon makes fresh job cuts, mainly in retail division
Amazon has confirmed recent job cuts affecting employees in its Stores unit during a major sales event. The layoffs are part of a series of reductions following a larger workforce decrease that started last year. A spokesperson indicated the adjustments aim to align better with the company’s priorities and efficiency. Jeff Bezos attributed the ongoing job losses to overhiring during the pandemic.
US stocks: US markets dip as surging Treasury yields overshadow software gains
Wall Street encountered a downturn as escalating Treasury yields affected investor confidence in high-priced stocks. Despite solid performance from the software sector buoyed by favorable earnings, the shadow of rising interest rates looms large. September saw the S&P 500 and Dow post monthly losses, while the Nasdaq thrived on AI optimism.
Techie says he was laid off on his birthday while working across multiple projects, netizens react
A Mumbai-based full-stack software engineer has shared how he was laid off on his birthday after five years in the industry and while contributing to multiple projects. He said the company was reducing its dependence on its India-based tech team. His Reddit post drew support, career advice and another engineer’s account of experiencing a birthday layoff at Oracle.
Jonathan Taylor Thomas arrested for allegedly kicking police officer in stomach: Where is the ‘Home Improvement’ star now and what happened?
Jonathan Taylor Thomas, famed for his role on Home Improvement, found himself in police custody following a routine traffic stop for allegedly kicking a police officer in his stomach. The actor, who is now in his 40s, lives a low-key life away from the constant glare of the public. However, Jonathan Taylor Thomas apparently stays in touch with some of his former co-stars and contemporaries.
Princess Margaret Hospital receives $100 million mystery donation in biggest cancer gift in Canada, but that may not be the greatest part
In a remarkable act of generosity, an anonymous benefactor has gifted $100 million to the Princess Margaret Cancer Foundation, marking the largest donation in its history. But the most important part of the donation is that the donor has not placed restrictions on how the money should be spent. The donation also prompted the foundation to launch a $2.5-billion fundraising campaign called "Carry the Fire".
After Germany sick leave policy row, UK adviser says ‘you can’t just text, send WhatsApp or email’ boss when sick; wants...
After Germany sick leave policy row, UK adviser Sir Charlie Mayfield has called for enhanced communication between workers and management during sick leave. He wants employees to choose phone calls over written messages, arguing that such dialogue is essential in tackling rising sick leave costs and preventing employee disengagement in the UK.
Amazon's surprising gesture for fired employees after over 30,000 layoffs: Tech giant reaches out to former workers for AI, cloud jobs
Following significant layoffs in 2026, Amazon is reaching out to its former workforce, offering new job opportunities primarily in AI and cloud computing sectors. Amazon has introduced 'Swami's Boomerang Reengagement Initiative' to attract these ex-employees back, reflecting a broader company trend of rehiring across departments. Amazon has already floated rehiring laid-off employees before.
America in focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%
The US economy remained in focus as inflation, borrowing costs and consumer spending has been shaping the outlook for households and businesses. The Federal Reserve raised its benchmark interest rate for the first time since 2023, taking it to about 3.9% and signalling another hike could follow. Mortgage rates also climbed, with the average 30-year fixed rate reaching 6.95%, its highest level in more than 19 months.
AI's left hand begins to take away jobs before its right hand can
In response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fueled by AI advancements is driving up costs for standard memory. As organizations focus their finances on AI infrastructure, resources for payroll are strained, potentially resulting in job reductions despite the lack of direct automation.
Load More
