Amazon Commits $48 Billion Fresh Investment in India; AI, Cloud and Digital Growth in Focus
Amazon CEO Andy Jassy announced a fresh $48 billion investment in India between 2026 and 2030 after meeting Prime Minister Narendra Modi, strengthening Amazon's AI, cloud infrastructure, e-commerce and digital economy initiatives.
Amazon Set for Biggest-Ever Layoffs: Around 30,000 Corporate Jobs to Be Cut
Amazon is preparing for its biggest-ever layoffs, with up to 30,000 corporate roles set to be cut across divisions including HR, AWS, and Devices. Notifications begin Tuesday.