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Tag "Amazon CEO"

Amazon CEO Andy Jassy confirms to lay off 18,000 employees

Amazon CEO Andy Jassy confirms to lay off 18,000 employees

🕔11:27, 5.Jan 2023

San Francisco, Jan 5 (IANS) Amazon on Thursday confirmed it is laying off around 18,000 employees and several teams will be impacted, especially Amazon Stores along with People, Experience and Technology (PXT) organisations. The Amazon CEO said in a statement that

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Amazon pays $1.2 bn as legal fees in India to remain operational

Amazon pays $1.2 bn as legal fees in India to remain operational

🕔16:53, 21.Sep 2021

New Delhi, Sep 21 (IANS) The US-based company Amazon Inc’s India operations has spent a staggering over $1.2 billion in legal expenses in the last two years to maintain its presence and relevance in one the largest markets globally. As per

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Amazon Prime hits 200M users globally: Bezos

Amazon Prime hits 200M users globally: Bezos

🕔20:31, 16.Apr 2021

New Delhi, April 16  Amazon Prime has reached a user base of 200 million, according to the outgoing CEO Jeff Bezos, which is an increase of over 50 million during the pandemic only. In his final annual letter to Amazon’s

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AWS head Andy Jassy to replace Jeff Bezos as Amazon CEO

AWS head Andy Jassy to replace Jeff Bezos as Amazon CEO

🕔11:38, 3.Feb 2021

San Francisco, Feb 3  In a surprise development, Jeff Bezos who made Amazon one of the most dominant tech firms in the world has announced to step down from his role as CEO and move to a new position as

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