Multiple Layoffs
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Amazon Posts USD 3.2-Bn Profit As It Goes Through Multiple Layoffs

Amazon is starting the year back in the black. The e-commerce giant on Thursday reported a profit of USD 3.2 billion for the first quarter, far exceeding analysts’ estimates, CNN Business reported on Friday. The Seattle-headquartered firm reported a loss of USD 3.8 billion in the year-ago quarter. The swing to a profit comes as […]

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