Amazon plan to lay off 10,000 employees
Amazon (NASDAQ:AMZN) will lay off about 10,000 workers, cutting out the company’s most unprofitable or least performing divisions. The exact number of layoffs has not yet been determined and may change, writes the Financial Times, citing sources familiar with Amazon’s plans.
Other important news by Tuesday morning
The population of the Earth has exceeded the mark of 8 billion people, the press service of the UN reported, citing the calculations of the world organization. The increase in the world’s population by 1 billion occurred in 12 years. The mark of 8.5 billion humanity, according to forecasts, will reach by 2030, and the peak – 10.4 billion – by 2080.
Billionaire CEO and owner of Tesla (NASDAQ:TSLA), SpaceX and Twitter (NYSE:TWTR) Elon Musk will testify in the Delaware Court of Chancery on Wednesday, November 16th. Tesla shareholder Richard Thornetta asked the court to cancel a $56 billion reward package in favor of Musk, which was decided in 2018. The case is being heard by Judge Kathleen McCormick, who oversaw the lawsuit between Twitter and Musk.