"laying-off"

Amazon is reportedly set to lay off around 30,000 corporate employees starting Tuesday, marking its largest workforce reduction since the pandemic. The cuts, part of CEO Andy Jassy’s cost-cutting drive, will affect multiple divisions, including AWS, HR, and devices.

Reports suggest Intel could cut up to 20% of employees in client computing and data centre divisions.

The move affected less than 5 per cent of Pinterest's total workers, reports Bloomberg, citing sources.

The coronavirus pandemic has hammered Coke's business, as sales at places like stadiums and movie theaters dried up due to lockdowns.