Amazon started laying off thousands more workers on Wednesday, as the online retailer and cloud computing giant continued the most significant employment reduction in company history only months after a first wave of 10,000 layoffs. Amazon has reduced personnel in its human resources and retail divisions and is anticipated to lay off an additional 8,000 workers. Bloomberg reports that Doug Herrington, Amazon's international retail head, said in a message that the firm would begin notifying staff through email on Wednesday. What you should know about Amazon's layoffs: Amazon will terminate almost 18,000 workers. In November, around 10,000 Amazon workers were laid off from its devices group, retail division, and human resources departments. Amazon CEO Andy Jassy said on January 4 that the business will lay off more than 18,000 workers "between the reductions we revealed in November and the ones we're releasing today." Jassy stated that more layoff notices would begin on January 18. Amazon did not specify to San Francisco Post how many cutbacks will be made to certain divisions. However, Jassy previously said that the Amazon Stores and PXT (people, experience, and technology) groups would see the most reductions. What is the number of Amazon's employees? In October 2022, Amazon had over 1.5 million workers. What is Amazon's ...

Elon Musk asked to relocate a shareholder lawsuit trial from San Francisco to another location, claiming that news about him would affect the juror's decisions. Musk's lawyers argue in a late Friday filing that they aim for the trial to be held in Texas, western district. This district includes Austin, the state capital, where Musk relocated Tesla in 2021. However, if this request is not possible, Elon's lawyers request it to be postponed until the negative publicity surrounding the billionaire's acquisition of Twitter has subsided. According to Elon's attorney, Alex Spiro, the circulating issues about Twitter have made his client the villain, which may affect the juror's decision-making abilities. In response to this request, Atty. Porrit assured that the current district handling the case is well-suited to perform the duties needed. Musk's attorneys also note that since purchasing Twitter in late October, he has laid off approximately 1,000 residents of the San Francisco area. It goes on to say that the jury may be biased because of the number of people affected by the layoff. According to the filing, Musk has been chastised for the job cuts by San Francisco's mayor and other local officials.        

A consumer accused and filed a lawsuit against Hershey Co (HSY.N) for selling dark chocolate laced with harmful levels of lead and cadmium. Christopher Lazazzaro claimed in a proposed class action filed on Wednesday that he would not have purchased it if the brand had disclosed the content of the metal. Hershey did not immediately responded to the lawsuit Lazazzaro, filed the lawsuit two weeks after Consumer Reports released the results of 28 dark chocolate bars containing lead and cadmium. According to the magazine, Hershey's Special Dark bar contains 70% lead. Lazazzaro said that such amount would pose a health risk that consumers don't want to have.  The lawsuit filed by Lazazzaro included the amount of $5 million for the damages. Lazazzaro's lawyers did not respond whether additional lawsuits are planned.

Are you looking for a face cream that can deliver on its promises? Look no further than Malibu MD's Miracle Lift Face Cream, the latest addition to the world of skincare. This innovative cream is made with a unique blend of powerful ingredients that work together to give you the complexion you've always wanted. The Miracle Lift Face Cream contains Aqua, Glycerol, Butyrospermum Parkii, Huile Minerale, Petroleum Jelly, Bees Wax, Stearyl Alcohol, Cetearyl Alcohol, Cetyl Alcohol, Dimethicone, Isohexadecane, Butyl Stearate, Glyceryl Stearate, Cetearyl Glucoside, Propylene Glycol, 1,2-Hexanediol, Erythritol, PEG-75 Stearate, Ceteth-20, Steareth-20, Carbomer, Triethanoamine, Dexpanthenol, Nicotinamide, Tocopheryl Acetate, Trehalose, Caprylhydroxamic Acid, Butylene Glycol, Parfum, Glucose, Sodium Hyaluronate, Adeps Lanae, Glyceryl Caprylate, Bifidus Ferment Filtrate, Phenoxyethanol, Cynanchum Atratym Bge. ，Boisaccharide Gum-1, Centella Asiatica, Helichrysum Italicum, Maltose, and Ethylhexylglycerin. These ingredients work together to hydrate, firm, and revitalize your skin. Aqua and glycerol provide deep hydration, while Butyrospermum Parkii, also known as shea butter, nourishes and protects the skin. The addition of petroleum jelly and bees wax creates a barrier to lock in moisture, while dimethicone and isohexadecane provide a silky texture. Centella Asiatica and Helichrysum Italicum help reduce the appearance of fine lines and wrinkles, while Sodium Hyaluronate and Trehalose plump and firm the skin. Tocopheryl Acetate, a form of vitamin ...

One of the biggest topics of the year 2022 has been the economy. That’s the case due to the heavy fluctuations within it over the course of the past several months. There are numerous causes for the changes in the economy, but overall all indications reveal that the U.S, along with the world, could be headed for a down year economically.  According to the CEO of JPMorgan Chase, Jamie Dimon, the looming recession is poised to take hold around the midpoint of next year. The factors contributing to the economic downturn include multiple factors like high interest rates, along with the ongoing Russian conflict with Ukraine.  In an interview with CNBC, Dimon said, “These are very, very serious things which I think are likely to push the US and the world - I mean, Europe is already in recession - and they’re likely to put the US in some kind of recession six to nine months from now.” Despite challenges that are expected to arrive soon he also said that he believes that the American economy is “actually still doing well” even in the midst of the obstacles that are present currently.  Dimon also revealed that he believes that consumers will have an easier time navigating the looming recession than ...

Eccentric billionaire and founder of the clothing brand Patagonia has come up with a unique way to fight climate change. He’s given up his entire nearly $3 billion empire. Yvon Chouinard, his wife and two adult children have transferred ownership of the company to a nonprofit organization devoted to combating climate change and protecting undeveloped land worldwide. All the company’s profits, which come to over $1 million a year, will go to the nonprofit Patagonia Purpose Trust and the Holdfast Collective. Chouinard, 83, refers to the move as “reimagining capitalism.” He explained how the world needs to do more to fight climate change and how he came to his decision to start a nonprofit. “One option was to sell Patagonia and donate all the money. But we couldn’t be sure a new owner would maintain our values or keep our people around the world employed." “Another path was to take the company public." “What a disaster that would have been. Even public companies with good intentions are under too much pressure to create short-term gain at the expense of long-term vitality and responsibility." “Truth be told, there were no good options available. So we created our own." “Every dollar that is not reinvested back into Patagonia will be distributed as ...

When someone brings up Coca-Cola, you likely think of the popular soft drink or another Coca-Cola product. However, few are aware that the soda giant has partially pivoted to alcoholic beverages. The company is moving forward with its experiment in the alcoholic drink space that has the potential to transition to the sale of Coca-Cola spirits and other alcoholic beverages across the world. Will Coca-Cola Shake up the Alcoholic Drink Game? Coca-Cola’s Chief Executive Officer and Chairman Jams Robert B. Quincey recently gave a speech at the Sanford C. Bernstein Strategic Decisions conference earlier this month in which he touched on the prospect for the company’s experimentation with alcoholic beverages to grow into something more significant. Quincey responded to the inquiry by stating that Coca-Cola’s experiments with alcoholic beverages have been interesting. Coca-Cola has branched out in recent years, offering its own soda-coffee concoction along with Topo Chico Hard Seltzer through a partnership with Molson Coors Beverage Co. The corporate tandem is also poised to release Simply Spiked to the public in the months ahead.  Spiked is the alcoholic form of the company’s Simply brand drinks. Fortune Favors the Bold When it comes to business and most other aspects of life, fortune favors those who take chances. Coca-Cola is pushing ...

As the winter weather subsides in exchange for more sunshine and warmth, an increasing amount of Americans will be hoping to travel. Unfortunately, that may not be a possibility for some due to the fact that gas prices are steadily rising with no end in sight. The increase in gas prices has a trickle-down effect on everything from flight tickets to shipping costs. Even though the rise in gas prices is bad news for most Americans, that isn’t the case across the board. In fact, there are some people who are relishing over the pain being experienced at gas pumps across the nation. Among the people who are most thrilled to see the continued rise in gas prices are the executives at ExxonMobil who have been raking in heavy profits as a result of the surge in oil prices.  The Company has done so well during the surge in oil prices that their first-quarter earning results may have reached up to $13 billion. This represents the highest profits for ExxonMobil since 2008. The first-quarter results are said to have been about $2 billion higher than the results of the 4th quarter of 2021. Whether or not the Company will be able to maintain their momentum throughout the rest of the ...