Amazon to cut 14,000 corporate jobs globally; ‘in India, a few thousand roles’
The Hindu
Amazon, the Seattle-based e-tailer that employs more than 1.5 million people globally, on Tuesday (October 28) said it would reduce it corporate workforce by about 14,000 as part of its ongoing exercise aimed at making the company leaner, less bureaucratic and AI-driven.
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India's internet user base reaches 958 million, with 57% from rural areas, highlighting rapid digital adoption across the country.
The Economic Survey reveals a decline in agricultural growth to 3.5% in 2025-26, despite steady foodgrain production increases.
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Restrictions may also be levied on marketing of infant and toddler milk and beverages to tackle rising obesity
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India's pharma industry shifts to value-driven approaches, focusing on complex generics, innovation, and expanding medical device exports.
The Economic Survey advocates scrapping MGNREGS, citing structural flaws, while introducing a new rural employment law for improved effectiveness.
The Economic Survey warns that an AI-led correction amid geopolitical tensions could severely impact global financial markets.
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