Amazon Confirms 16,000 Job Cuts After Accidental Email
Amazon confirmed it would cut 16,000 jobs globally, hours after an email about the redundancies was mistakenly sent to staff, according to the BBC. The email, which the BBC viewed, was sent late Tuesday and referred to layoffs affecting employees in the U.S., Canada, and Costa Rica as part of an effort to "strengthen the company."
The message was shared by mistake and quickly retracted. Early Wednesday, Amazon officially announced the job reductions as part of a plan to "remove bureaucracy" at the firm, the BBC reported. Beth Galetti, senior vice president of people experience and technology at Amazon, said on Wednesday that the company was not planning to make "br." The full statement was cut off in the source material.
The job cuts come as other tech companies have also announced layoffs amid economic uncertainty.
In other business news, Starbucks scrapped a $250,000 cap on its chief executive's use of the company jet for personal travel due to security concerns, the BBC reported. Brian Niccol, Starbucks chief executive, uses the jet to commute almost 1,000 miles from his family home in Newport Beach, California, to the firm's headquarters in Seattle. Until September, his personal use of the plane was limited to an annual cap, after which he was required to reimburse the company. Starbucks said the cap was lifted after a security review recommended Niccol use the jet for all air travel due to increased media attention and "credible threat actors."
Meanwhile, TikTok US denied claims that its new US operations are heavily controlling what users post after thousands reported glitches with the video streaming platform, according to the BBC. A spokesperson for TikTok US reiterated an earlier statement pointing to technical issues as the reason for problems since it became a separate American entity last week. "We've made significant progress in recovering our US infrastructure with our US data center partner," the spokesperson said. "However, the US user experience may still have some technical issues, including when posting new content."
In Germany, Deutsche Bank's offices in Frankfurt and Berlin were raided by officials as part of an inquiry into money laundering, the BBC reported. The Office of the Federal Prosecutor said it was conducting an investigation, involving the Federal Criminal Police Office, into "unknown individuals and employees" at Germany's largest bank. The prosecutor's office said Deutsche Bank had "maintained business relationships in the past with foreign companies" suspected of "having been used for money laundering purposes as part of further investigations." A Deutsche Bank spokesperson confirmed to the BBC that searches had been carried out at its premises.
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