4 h. ago Amazon plans to cut up to 30,000 corporate roles, sources say

This figure represents nearly 10 percent of its approximately 350,000 corporate staff

Politics

5 h. ago iBankruptcy? Robot vacuum manufacturer sees its stock tumble after admitting it is struggling to find a buyer

The Roomba creator has been sliding towards disaster since January 2024, when Amazon pulled out of a planned acquisition deal

Economics

6 h. ago Amazon plans to cut 30,000 corporate jobs in response to pandemic overhiring

Figure represents nearly 10% of the company’s roughly 350,000 corporate employeesAmazon is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10% of the company’s roughly 350,000 corporate employees. This would represent the largest job cut at Amazon since around 27,000 jobs were eliminated starting in late 2022. Continue reading...

Events

63 h. ago Amazon strategised about keeping its datacentres’ full water use secret, leaked document shows

Executives at world’s biggest datacenter owner grappled with disclosing information about water used to help power facilitiesAmazon strategised about keeping the public in the dark over the true extent of its datacentres’ water use, a leaked internal document reveals.The biggest owner of datacentres in the world, Amazon dwarfs competitors Microsoft and Google and is planning a huge increase in capacity as part of a push into artificial intelligence. The Seattle firm operates hundreds of active facilities, with many more in development despite concerns over how much water is being used to cool their vast arrays of circuitry. Continue reading...

Culture

3 d. ago Don't cut the £20,000 cash Isa limit... it won't incentivise savers to invest, MPs warn Rachel Reeves

The Chancellor should not cut the cash Isa allowance from its current £20,000 annual limit, MPs have said. It comes as the Chancellor is said to be considering restricting the allowance to £10,000.

Economics

4 d. ago Target to slash 1,000 jobs as retailer deals with stagnant sales: ‘It will be difficult’

The job cuts will affect 8 percent of approximately 22,000 corporate employees as the retailer looks to reverse stagnant sales

Economics

5 d. ago Amazon ‘plans to replace more than half a million workers with robots,’ report says

Company rejects claims it will slash hiring over next decade, despite automation drive

Economics

5 d. ago Update to 10,000 steps advice as 4,000 enough to cut serious illness

The latest research shows just 4,000 steps every other day could drastically cut the risk of early death

Politics

6 d. ago Boris Johnson denies UK failed to plan for Covid school closures

Former prime minister defends government’s response to pandemic but admits children paid ‘huge, huge price’

Politics

6 d. ago Trapped on death island: 'Marooned' Russian troops are starving to death and 5,000 have died after being cut off from other Russian forces in Ukraine

As many as 5,000 Russian troops are believed to have perished in the 'death zone' - a a marshy islet south of Kherson.

Events

6 d. ago 5,000 'marooned' Putin troops have died on Dnipro river islands within months with hundreds more starving to death after being cut off from other Russian forces 

As many as 5,000 Russian troops are believed to have perished in the 'death zone' - a a marshy islet south of Kherson.

Events

6 d. ago UK did plan for mass school closures after onset of Covid, says Boris Johnson

Former prime minister gives evidence to official inquiry and defends his government’s response to pandemic

Politics

6 d. ago 5,000 Putin troops 'are marooned and starving to death' on Dnipro River islands cut off from other Russian forces

As many as 5,000 Russian troops are believed to have perished in the 'death zone' - a a marshy islet south of Kherson.

Politics

1 week ago Nestlé to cut 16,000 jobs globally as KitKat maker's new boss slashes costs

Roughly 12,000 of the roles affected will be white-collar jobs, while the firm's manufacturing and supply operations will also be affected.

Economics

2 w. ago JD Vance in fiery exchange with ABC host over Tom Homan’s $50,000 bag of cash: ‘Why fewer and fewer people watch your show’

Vance repeatedly declined to say whether FBI has video of Homan accepting $50,000 in cash before being cut off by ABC

Economics

2 w. ago Zelenskyy says he will nominate Trump for Nobel peace prize if he secures Ukraine ceasefire – Europe live

US president has claimed he deserves the award for what he has described as his work in securing ‘numerous’ peace dealsBelow is a video published by the Guardian showing Ukrainian firefighters tackling blazes in burning shipping containers after a Russian drone attack injured at least five people in Odesa.The attack cut power to 30,000 people and damaged the city’s port infrastructure. Continue reading...

Politics

2 w. ago Ukrainian counteroffensive has derailed Russian plans to capture parts of Donetsk, says Zelenskyy – Europe live

Ukrainian president accuses Russia of wanting to sow ‘chaos’ with overnight attacks on energy and rail infrastructure, but says Ukrainian long-range strikes have caused gas shortages in RussiaBelow is a video published by the Guardian showing Ukrainian firefighters tackling blazes in burning shipping containers after a Russian drone attack injured at least five people in Odesa.The attack cut power to 30,000 people and damaged the city’s port infrastructure. Continue reading...

Politics

2 w. ago Silentnight electric blanket with 50,000 ratings cut to £22 in Prime Deal sale

One buyer said it 'transforms cold evenings into pure comfort'

Economics