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The cuts affect hundreds of staffers in AWS' store technology and sales and marketing units.Sales growth in AWS' has decelerated in recent quarters as companies trimmed their cloud spend.A day earlier, Amazon said it would remove its cashierless checkout technology from its U.S. Fresh stores.Attendees walk through a...

EarnPublished Thu, Mar 14 20249:00 AM EDTIf you're looking for a college degree with maximum earning potential, you'll want to be an engineer.Engineering degrees took nine of the top 16 rankings for college majors with the highest income five years after graduation, according to a recent New York Federal Reserve stu...

TechPublished Wed, Feb 28 20244:10 PM ESTWATCH LIVEEA announced Wednesday that it will cut 5% of its workforce.The video game company employed 13,400 workers as of the end of March last year, according to its most recent annual filing with the SEC, meaning the layoffs may affect about 670 jobs."We are also sunsettin...

Snap said it will lay off 10% of its workforce worldwide, around 500 employees, to "promote in-person collaboration."The Snapchat-maker's last major round of cuts was in 2022, when it laid off 20% of staff.Snap CEO Evan Spiegel testified before the Senate Judiciary Committee last week.Co-founder and CEO of Snap Inc....

PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC.The cuts will affect both existing roles and job listings that PayPal had planned to hire for, and will take place over the course of the year, Chriss wrote. Aff...

Microsoft CEO Satya Nadella listens to an audience member's question during the company's annual shareholder meeting in Bellevue, Washington, Nov. 30, 2016.Stephen Brashear | Getty Images News | Getty ImagesMicrosoft will lay off around 1,900 employees in its Gaming unit, or around 9% of Microsoft Gaming's headcount...

Amazon is laying off some staff in its Buy with Prime unit.Buy with Prime lets online stores offer Amazon's payment services and speedy shipping to their sites.Since the new year began, Amazon has laid off employees in its Prime Video, MGM Studios, Twitch and Audible divisions.A worker delivers Amazon packages in Sa...

Amazon continues to trim its headcount after a year of mass layoffs. Beginning at the end of 2022 and continuing through 2023, Amazon initiated the largest layoffs in its history, cutting more than 27,000 jobs across almost every area of the company.Team,We've taken significant steps towards our long-term vision of ...

TechPublished Sat, Dec 23 202310:52 AM ESTX (formerly Twitter) CEO Elon Musk leaves a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023.Mandel Ngan | AFP | Getty ImagesTwitter violated contracts by failing to pay millions of dollars in bonuses ...

After vocal commitments following the murder of George Floyd in 2020, DEI programs in the tech industry are in broad retreat.Some companies have laid off DEI staffers and leaders of diverse employee resource groups, downsized learning and development programs, and cut budgets for external DEI groups by as much as 90...