Global e-commerce giant Amazon has revealed plans to sack some 18,000 employees.
A combination of increasing inflation, tightening monetary policy, and poor earnings updates prompted an unprecedented selloff in the stock.
After killing his mother, the child proceeded to log into her amazon account the next day and bought an Oculus Virtual Reality headset for himself.
“We don’t take these decisions lightly. We are discontinuing this programme in a phased manner to take care of current customers and partners.”
The downturn followed an already poor year for tech companies, which were among the top gainers during the pandemic’s early phases.
The New York Times says this would be the largest layoff in the company’s history.
Amazon employed some 1.5 million people worldwide.
An information technology firm, Amazon Web Services, Inc. (AWS), says it has opened its first office in Lagos, Nigeria.
If Mr Lula wins the second round, he would be Brazil’s first democratic president to enter a third term.
The entry of Amazon into Nigeria’s e-commerce space will further intensify competition in the sector dominated by Jumia, Konga, and Jiji, among others.
