Fed's 25-basis point cut has trimmed the benchmark lending rates to 3.75–4%. Events
The Fed was widely expected to trim the benchmark lending rates, as inflation cooled in recent months. Politics
Amazon India to lay off up to 1,000 staff as part of global job cuts The New Indian Express Politics
Amazon India layoffs: Tech major may fire 800–1,000 staff under global job cuts The Economic Times Events
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three... Politics
Amazon to target 30,000 corporate workers in largest ever job cuts: Report India Today Events
A conciliation meeting between the Karnataka State IT/ITeS Employees Union and Tata Consultancy Services management was held, following allegations of mass layoffs at the IT major. Society