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Business

Amazon Cuts 16,000 Jobs in Latest Layoffs

By BPN News Desk
Amazon has announced a fresh round of job cuts, eliminating around 16,000 corporate roles globally as part of an ongoing restructuring effort. The move is aimed at reducing costs and streamlining management layers amid a changing economic environment. Focus on Efficiency and Restructuring The company said the layoffs are concentrated largely in corporate and administrative
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Business

Amazon Plans Major Corporate Job Cuts

By BPN News Desk
Amazon is preparing to announce a fresh round of corporate job cuts as early as next week, as part of a broader plan to reduce its white-collar workforce by nearly 30,000 roles. The move is part of ongoing cost-cutting and restructuring efforts across the company. Teams Likely Affected The planned layoffs are expected to impact […]
Business

OpenAI in Talks to Raise $10 Billion From Amazon

By BPN News Desk
OpenAI is in discussions with Amazon over a potential investment of at least $10 billion, as the artificial intelligence company looks to secure additional funding to support its expanding operations and computing needs. The talks are at an early stage and no final agreement has been reached, according to people familiar with the matter. Possible […]
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Business

Amazon Commits $35B To India By 2030

By BPN News Desk
Amazon has announced a new investment commitment of $35 billion in India to be deployed by 2030. This is in addition to the investments already made by the company in the country over the past years. Focus On AI, Exports And Jobs The company said the new investment will support three priority areas: AI-driven digital […]
trade
Business

Amazon Workers Warn Against “Warp-Speed” AI Rollout

By BPN News Desk
Over 1,000 employees at Amazon have signed an open letter addressed to CEO Andy Jassy, urging the company to slow down its rapid deployment of artificial intelligence (AI). The signatories — engineers, developers, warehouse staff and others — argue that the “all-costs-justified, warp-speed” push into AI threatens jobs, democratic norms, and the environment. Concerns Over
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Business

Amazon Cuts 14,000 Corporate Jobs, 700 in NYC

By BPN News Desk
Amazon is reducing approximately 14,000 corporate positions globally, with nearly 700 jobs cut in New York City alone, as part of a wide-ranging overhaul of its workforce. The company states the changes focus on streamlining operations and realigning roles rather than solely cost-cutting. The NYC reductions affect executive and corporate offices, not warehouse or delivery
Business

Amazon Blocks Perplexity’s AI Shopping Agent

By BPN News Desk
mazon.com Inc. has sent a legal notice to Perplexity AI, ordering the startup to stop its AI shopping tool, Comet, from operating on Amazon’s platform. The retail giant claims that the AI-driven bot violates its terms of service and creates a poor shopping experience by attempting automated purchases through unauthorized means. Dispute Over AI Shopping […]

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