Amazon plans to hire an additional 250,000 workers in the United States for the upcoming holiday shopping season. It’s 67 per cent increase compared to the number of hires made in the previous two years. The decision is part of Amazon’s efforts to expand its next-day delivery services for customers. This hiring surge follows Amazon’s […]
Tata-owned Air India incurred losses amounting to around Rs 7,000 crore in FY23 due to impairments related to faulty aircraft and engines, as well as the low-cost airline AirAsia India. However, executives noted that the losses have decreased, and the carrier achieved positive EBITDAR (earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs) […]
Xiaomi India, the Chinese smartphone brand is reducing its workforce to less than 1,000 employees due to a reorganisation, a decline in market share, and increased scrutiny from government agencies, according to current and former employees of the company. At the beginning of 2023, Xiaomi India had employed around 1,400 to 1,500 people, but in […]
