Economy
World / Countries / MNCs
E-commerce giant Amazon is planning to slash 14,000 managerial positions by early 2025 as part of its attempt to cut costs, media reports said. more
Reports says world’s five richest men more than doubled their fortunes since 2020

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five bil ...

Amazon may layoff 20,000 staff in upcoming months: Reports

E-commerce hub Amazon might lay off  around 20,000 employees, including corporate executives, in the upcoming months, media reports said on Wednesday.

Crackdown on fake reviews: Amazon bans 3 more Chinese brands

Beijing:  E-commerce giant Amazon has given a blow to China by banning three more consumer brands of the East Asian nation amid the marketing platform's ongoing crackdown on atte ...

E-commerce giant Amazon blocks Chinese merchants for alleged suspicious behaviour

Beijing: E-commerce giant Amazon has  apparently blocked several prominent mainland Chinese merchants for alleged “suspicious behaviour”, media reports said.

Jeff Bezos to step aside as Amazon CEO

Washington: Amazon founder Jeff Bezos, who is one of the richest persons on Earth, will step aside later this year as chief executive of the company.