Sunday, January 15, 2023

Amazon India staff being fired in offices, employees breaking down

Amazon announced last Wednesday that it will lay off over 18,000 employees, starting January 18. Amazon CEO Andy Jassy, in an email to staff, cited "uncertain economy" and "rapid hiring" as reasons behind the job cuts.

from Tech-Economic Times https://ift.tt/Yj9Gzh1

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...