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Amazon Announces Additional Job Cuts in Buy with Prime Division

As Amazon initiates job cuts across its entire business, including its streaming division, the e-commerce giant is now laying off employees within its Buy with Prime segment. Launched in 2022, Buy with Prime is a service that enables third-party merchants to offer Prime benefits like free shipping and returns. Buy with Prime expanded its availability in early 2023, adding more U.S. brands like BigCommerce and Sustainable Glam. “Buy with Prime is a top priority for Amazon, with strong adoption from merchants and positive feedback from customers, and we will continue investing significant resources in Buy with Prime to build on that momentum. Earlier this month, Amazon laid off 500 Twitch workers and hundreds of employees at Prime Video and MGM Studios.

Ava Patel
January 19, 2024

Enterprise, Startups, Venture

Startups in India Face Financial Crisis After Silicon Valley Bank Collapse

Silicon Valley Bank collapse is impacting many Indian startups

Silicon Valley Bank was one of the few banks that lent money to startups, and its sudden collapse is having a large impact on companies 8,000 miles away. Many small…

Ava Patel
March 11, 2023

Enterprise, Robotics & AI

Alphabet Lays off 12,000 Employees as It Adjusts to Unexpected Economic Reality

Google parent Alphabet cuts 6% of its workforce impacting 12,000 people, saying it had 'hired for a different economic reality' • TechCrunch

Google is one of the most well-known and famous companies in the world. Recently, Alphabet, parent holding company of Google, has announced that it’s cutting around 6% of its global…