Amazon is cutting approximately 14,000 corporate jobs, with nearly 40% of those in New York, California, New Jersey, and Washington being engineering roles, disproportionately affecting mid-level software engineers. CEO Andy Jassy cited cultural shifts and a desire for leaner operations as the primary drivers, not financial or AI pressures, though AI efficiency is expected to shrink headcount in the future.
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Apple CEO Tim Cook may have hinted at iPhone price hike, here's what he said
Apple's CEO, Tim Cook, has indicated that rising computer memory costs are increasingly impacting the company's finances. While Apple absorbed initial increases, significantly higher expenses are expected from the June quarter onwards. This situation, coupled with supply chain issues for advanced processors affecting Macs, suggests potential price hikes for consumers as Apple explores various options. from Times of India https://ift.tt/rnhcE7O via IFTTT
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