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Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, to reduce costs and address pandemic overhiring (Greg Bensinger/Reuters)

Greg Bensinger / Reuters : Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, t...

1 November 2024

The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024 as companies accelerate spending chasing AI (Bloomberg)

Bloomberg:
The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024 as companies accelerate spending chasing AI  —  - Amazon, Alphabet, Meta and Microsoft all accelerated spending  — Mixed results from the big tech won't slow 2025 investment

Posted from: this blog via Microsoft Power Automate.

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