The practice of ‘labor hoarding’—holding on to employees for fear of not being able to get them back later—has reached its end.
These developments, along with earnings calls and interviews with executives, make clear that AI has cemented itself as the single biggest catalyst for global corporate investment and the engine of ...
NEW YORK] Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in ...
The tech industry’s job cuts this week alone have now topped 1,400 with the revelation of fresh Amazon job cuts.
Andy Jassy’s comments reflect Amazon’s ongoing push to reshape its internal culture. As reported by Business Insider, he has been focused on raising performance standards, tightening discipline, and ...
Amazon has launched a formal process in Spain to cut up to 1,200 jobs in its corporate offices located in Madrid and Barcelona. The move is part of a broader global restructuring ...
Amazon and Walmart are among firms warning employees of layoffs or disruption from AI as leaders across corporate America talk of increasing efficiency.
More data centers may be built in the Tucson area as well as the controversial Project Blue — one slated for Davis-Monthan Air Force Base and another complex in the ...
Major tech firms Alphabet, Meta, Microsoft, and Amazon are boosting AI investments, projecting capital expenditures to exceed ...
AWS growth topped 20% as Amazon's AI transformation impacts job roles and corporate operations, signaling a new era of profound economic change.
James Fishback, the former DOGE architect and head of an investment firm, is furious that US companies continue to favour H-1B workers over American employees. He accused firms of calling foreign ...