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Amazon Music Lays Off Employees Across Continents

Amazon Music lays off employees from Latin America, North America, and Europe. Amazon Music, as per Reuters, has notified employees from Latin America, North America, and Europe that their jobs have been eliminated, according to "people familiar with the matter. ....

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Chinese Carmaker Nio Initiates Layoffs Amid Fierce Competition in EV Market

Nio, a Chinese automaker known for its sleek, high-end electric SUVs, has begun another round of layoffs due to rising competition and the need to cut costs and reallocate resources. ....

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FTC Accuses Amazon of Using Algorithm to Inflate Prices for $1 Billion in Revenue

The US Federal Trade Commission has accused Amazon of using unfair methods to maintain its online retailing dominance. ....

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