Business Economy


Amazon layoffs hit 250 jobs in devices team as company reviews workforce

New Delhi, Oct 29 (UNI) Amazon has cut about 250 jobs in its devices and services division, primarily affecting software development roles, as the e-commerce giant looks to streamline operations and align its workforce with its product roadmap. The layoffs come weeks after the company rolled out new devices, including Kindle e-readers and tablet computers.
“We've made the difficult decision to eliminate a small number of roles,” an Amazon spokesperson said, as reported by Reuters.
The latest round of layoffs comes amid a series of product announcements by Amazon. The company unveiled a new alarm clock and a photo frame powered by its Alexa voice assistant, adding to its portfolio of connected devices and smart-home products.
Employees affected by the latest cuts were informed through emails and text messages sent early Wednesday morning, in line with the company's usual practice.
The spokesperson said the job cuts would help Amazon “operate more efficiently and better align with our product roadmap”. The company did not disclose which specific teams or products would be affected, or whether further reductions were planned.
The latest workforce reduction follows another round of layoffs earlier this month, when Amazon cut about 1,000 jobs in its core retail division. The back-to-back announcements underscore the company's continuing efforts to reassess its organisational structure and workforce requirements.
Amazon has periodically restructured teams and reduced headcount as it seeks to control costs, improve operational efficiency and redirect resources towards its strategic priorities. However, the company has not indicated that the latest cuts are part of a broader workforce reduction programme.
The devices and services division oversees a range of Amazon products and technologies, including Kindle e-readers, Fire tablets, Echo smart speakers and Alexa-enabled services. These products are central to the company's efforts to build an ecosystem of connected devices and services that encourage customers to remain within its platform.
The latest layoffs also come as technology companies reassess staffing needs amid rapid advances in artificial intelligence, automation and changing product-development priorities. However, Amazon has not directly attributed these specific job cuts to artificial intelligence.UNI VK AAB
More News

Optimist targets Rs 400 crore scale, FY29 profitability

29 Oct 2026 | 5:32 PM

Bengaluru, Oct 29 (UNI) Air-conditioning startup Optimist is targeting profitability in FY29 after raising USD 12 million, betting that energy-efficient cooling technology and product innovation will help it challenge established brands in India's highly competitive air-conditioning market.

see more..

Bondada Engineering celebrates NSE Main Board listing, eyes next phase of growth

29 Oct 2026 | 5:07 PM

Mumbai, Oct 29 (UNI) Bondada Engineering Limited, a Hyderabad-based engineering and infrastructure solutions provider, today celebrated its listing on the Main Board of the National Stock Exchange of India (NSE) here with a bell-ringing ceremony.

see more..

46 pc of India’s commercial lending goes to Micro-Business Entrepreneurs: TransUnion CIBIL

29 Oct 2026 | 5:01 PM

Hyderabad, Oct 29 (UNI) Micro-business entrepreneurs (MBE) account for 46 per cent of India’s commercial lending, with outstanding loans worth Rs 29.6 lakh crore, according to a joint report by TransUnion CIBIL and the National Small Industries Corporation (NSIC), released in Hyderabad on Thursday.

see more..

Wheels India Q2 Net Profit up at Rs 53 4 cr

29 Oct 2026 | 4:50 PM

Chennai, Oct 29 (UNI) Wheels India today announced that it has registered a good increase in its Net Profit for the Q2 ended 30th September 2026 at Rs.53.4 crore as compared to Rs. 27.8 crore in the corresponding quarter of the previous year.

see more..

Sund Home Fin Q2 Net Profit up 20 pc at Rs 90 cr

29 Oct 2026 | 4:45 PM

Chennai, Oct 29 (UNI) Sundaram Home Finance on Thursday announced it has registered a 20% increase in its Net Profit for the Q2 ended 30th September 2026 at Rs.90 crores as against Rs.75 crores registered in the corresponding quarter of the previous year.

see more..