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Thousands of Indian IT professionals jobless, scrambling for options in US

Thousands of Indian IT professionals in the US, who have lost their jobs due to the series of recent layoffs at companies like Google, Microsoft and Amazon, are now struggling to find new employment within the stipulated period under their work visas following the termination of their employment to stay in the country. According to The Washington Post, nearly 200,000 IT workers have been laid off since November last year, including some record numbers in companies like Google, Microsoft, Facebook and Amazon. As per some industry insiders, between 30 to 40 per cent of them are Indian IT professionals, a significant number of whom are on H-1B and L1 visas. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. L-1A and L-1B visas are available for temporary .

iQOO confirms Neo 7 smartphone specifications ahead of February 16 launch

The Neo 7 will be available for purchase on Amazon India and iQOO e-store, announced iQOO on January 20

Apple to expand smart-home lineup with new displays, faster TV set-top box

The push into smart displays will start with a tablet product - essentially a low-end iPad - that can control things like thermostats and lights, show video and handle FaceTime chats

In layoff season, social networks are stepping up to help ease the anxiety

Support and empathy on sites such as LinkedIn and a market that is still hiring are softening the blow

Amazon shuts its charity donation program 'AmazonSmile' as it fails purpose

Amazon on Thursday announced that it will shut down its charity donation programme, "AmazonSmile", as it failed to create the impact the company hoped for

Amazon faces over $60K penalty for unsafe warehouse work conditions

US regulators have found that three Amazon warehouse facilities exposed workers to "ergonomic hazards", including putting them at high risk for lower back injuries and other musculoskeletal disorders

Amazon begins new round of job cuts, lays off over 18,000 people: Report

Amazon has started notifying its employees affected by its new round of layoffs, as a part of its plan to reduce its headcount by around 18,000 people, the media reported

Amazon back as world's most valued brand, Apple down to No 2: Brand Finance

Tech brands lose value; Tata Group and Infosys climb the charts

Amazon poised to kick off fresh round of job cuts affecting 18,000 people

The eliminations started last year and initially fell hardest on Amazon's Devices and Services group, which builds the Alexa digital assistant and Echo smart speakers

Amazon announces Republic Day sale offers on 5G smartphones: Details here

The Amazon Great Republic Day Sale started on January 15 and it will be live until January 20. Here are some of the deals on 5G smartphones available on the e-commerce platform

Top headlines: IndOS vs iOS, Oxfam's 'Survival of Richest' report & more

Business Standard brings you the top headlines at this hour

Amazon, Goldman Sachs employees flood social media with layoff news

Professional networking platforms, such as LinkedIn and Grapevine, were full of stories of layoffs

Amid mass job cuts, Amazon HR staff turn from hiring to seeking jobs

Some Amazon.com Inc. employees are publicly posting that they are #OpenToWork on LinkedIn while still employed by the company

iQOO 11 5G goes on sale with introductory offers for Amazon Prime members

The iQOO 11 5G is India's first smartphone powered by Qualcomm Snapdragon 8 Gen 2 processor

Amazon gets Pune labour commissioner notice after complaint about layoffs

Ecommerce giant recently announced it would lay off 18% of its workforce globally

Flipkart Internet gets $90 million cash infusion from Singapore parent

The cash infusion is expected to help Flipkart in competing with US-based Amazon for leadership in the Indian e-marketplace

Amazon plans to shut three UK warehouses; 1.2K likely to lose jobs

Amazon is adjusting to a slowdown in online shopping after consumers resumed their pre-pandemic retail habits

CES 2023: Amazon, Disney partner to launch new voice assistant 'Hey Disney'

Amazon and Disney have teamed up to launch a new voice assistant called 'Hey Disney!', which was shown with a live demonstration at the Consumer Electronics Show (CES) 2023

Amazon India to lay off around 1,000 staff as part of mass retrenchment

The company has announced the elimination of over 18,000 roles across the globe due to uncertain economic conditions

Amazon plans to lay off around 1,000 employees in India: Report

E-commerce company Amazon plans to lay off around 1,000 employees in India as part of its biggest retrenchment exercise across the globe, according to sources. The company has announced the elimination of over 18,000 roles across the globe due to uncertain economic conditions. "The decision to eliminate 18,000 job roles across the globe will impact about 1,000 employees in India," the source said. Another source said Amazon has 1 lakh employees in India and the decision will impact 1 per cent of staff in the country. When contacted, an Amazon India spokesperson did not offer any comment but shared the blog link of Amazon CEO Andy Jassy where he has informed the company's decision to eliminate 18,000 roles across the globe. "Between the reductions, we made in November and the ones we're sharing today, we plan to eliminate just over 18,000 roles. Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and PXT organisations," Jassy said. As of