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Amazon Plans To Lay Off Around 10,000 Employees, Report Says
A week before the holiday shopping season officially kicks off, Amazon is set to begin laying off approximately 10,000 corporate and technology employees, The New York Times reports.
Job cuts at the online retail giant were expected to start the week of Monday, Nov. 14, and will primarily affect Amazon’s retail, devices, and human resources divisions, according to the outlet.
The largest in its history, the layoffs would impact 1 percent of the company’s global workforce and 3 percent of its corporate employees.
It follows several other cost-cutting moves that CEO Andy Jassy has implemente…
Brand-New Forbes Rankings Reveal Richest NY Residents
The richest people in America are revealed in a new Forbes 400 ranking, which includes over a dozen New Yorkers.
To come up with its 41st annual list of the 400 wealthiest Americans, the outlet consulted with a variety of sources, including financial advisors, Securities and Exchange Commission documents, court filings, attorneys, and news articles.
Researchers looked at assets held, including public and private companies, as well as personal property like car collections, yachts, planes, and jewelry.
Debts and charitable giving were also factored in, Forbes said.
The top 20 people on th…
Thousands Of Beds Recalled Due To Serious Impact, Crush Hazards
About 8,200 beds have been recalled after more than 60 reports of injuries caused by beds falling or breaking.
On Thursday, Sept. 8, full-sized and queen-sized Murphy beds sold online under the brand names “Ivy Bronx,” “Orren Ellis,” “Stellar Home Furniture,” and “Wade Logan" were recalled by the United States Consumer Product Safety Commission.
According to the announcement, the beds can break or detach from the wall and fall onto people, posing serious impact and crush hazards.
CPSC said it has received 146 reports of the beds falling or breaking, including 62 injuries involving bro…
