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Top Manager Magazin News
Amazon · United StatesAmazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon’s corporate workforce in the next few years.See the Story
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
51% Center coverage: 215 sources
Politics · JapanThe United States and Japan signed an agreement on Tuesday "securing" the supply of critical minerals and rare earths, the White House said, as President Donald Trump visited Tokyo.
See the Story
Trump, Takaichi agree on rare earth, critical minerals supply
39% Center coverage: 90 sources
HSBC · United KingdomHSBC Holdings said on Monday it will book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff's Ponzi scheme.See the Story
HSBC to take $1.1 billion hit after Luxembourg court ruling in Madoff case
65% Center coverage: 14 sources
