Amazon Lays Off 14,000 Corporate Workers Amid AI-Fueled Restructuring

Amazon Lays Off 14,000 Corporate Workers Amid AI-Fueled Restructuring

Tech giant Amazon has announced plans to lay off approximately 14,000 corporate employees as part of a sweeping effort to streamline operations and reduce costs amid a company wide restructuring. The layoffs will affect several divisions, including Amazon’s books, devices, and services units, marking one of the largest corporate job cuts in the company’s history. […]

Qatar and Boeing Sign Historic $200 Billion Jet Deal

In a landmark aviation and trade agreement, Qatar has signed a $200 billion deal with U.S. aerospace giant Boeing to purchase 160 new jets for Qatar Airways, making it the largest aircraft order in Boeing’s history. The deal was formally signed during U.S. President Donald Trump’s state visit to Doha, in a high-profile ceremony attended […]

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds

Toyota Motor Corporation has projected a 20% drop in its annual profit, citing the effects of U.S. trade tariffs and a weakening dollar, which have significantly impacted its North American operations. The world’s largest automaker by volume expects its operating income to fall to 3.8 trillion yen ($25.2 billion) in the fiscal year ending March […]