business / news / / Livemint
Amazon has denied several media reports of a planned firing of 14,000 employees in May.
Amazon has officially denied reports of a planned layoff of 14,000 employees in May.
KEY POINTS
- The viral layoff rumor originated from a post on the job forum Blind, citing an alleged insider.
- Sony Pictures is conducting targeted layoffs unrelated to broader cost-cutting measures, according to Reuters sources.
- Oracle recently laid off 30,000 employees, with 12,000 believed to be Indian nationals.
COMPANIES
Summarized by Newsio from Livemint. How we summarize →