Global Surge in Demand for Renewables for Clean Energy Transition
Amazon Cuts Another 9,000 Jobs in 2023
By Garvit Vyas , 04 May, 2023
Amazon again cuts 9,000 jobs to save costs. As per the reports, the online retail firm employs 1.5 million people worldwide. It said cuts would fall mainly in the areas including advertising and computing.
The reports did not reveal which countries will get affected. But it mentioned the positions would be closed for some days only. As per the information, the firm has already axed 18,000 jobs in January 2023.
According to Boss Andy Jassy, the firm chooses to be more streamlined with costs and headcount due to the uncertain economy. In protest to the actions taken by Amazon, UK Amazon workers took a second day of the strike. Also, the firm calls its staff back to the office three days a week.
Recently, the sales of Amazon have slowed down due to the lower expenditure by consumers because of the inflation or the cost-of-living crisis. Again, Google and Meta are also grappling with balancing cost-cutting measures to remain competitive in the market.
Meta has also announced that it might cut 10,000 jobs soon. Amazon recently bought Twitch for $1 billion in 2014. Twitch, a live-streaming platform for gaming and music, is also expected to see cuts.
Amazon Worldwide Employment
Latest News
Global Surge in Demand for Renewables for Clean Energy Transition
There are numerous ongoing programs targeting to switch over to more environment friendly sources of energy including hydroelectricity and solar and wind power by 2024. It is expected that by the beginning of 2025, over one third of the world’s…
Thailands Sluggish EV Sales due to Subsidies affects Auto Industry
Thailand's auto industry is facing specific issues with unsold electric vehicles. The country suffers from China's dominance in the auto industry. Thailand's domestic automotive industry will suffer significant losses from Chinese electric vehicle…
Tech Sector Invests in Nuclear Energy to Support Data Centers
Clean energy sources are focusing on the production of energy sources in 2024. Energy sources with fewer carbon emissions significantly impact the tech and energy sectors. Wind energy, solar energy, geothermal energy, and nuclear energy can become…
World Finds it Difficult to Meet Energy Demands by 2050
The world's population growth will experience a significant increase by the beginning of 2024. The exponential growth of the population demands more resources. A survey in 2024 indicates that increasing demands for resources can severely impact the…
Unstable Wind Direction Interrupts Power Generation in the US
Wind power production is an essential factor in the clean energy transition. A survey in the wind energy sector shows a notable decline in the United States wind power generation in 2024. The energy sector relies more on natural gas to provide…
