A Wall Street analyst said that Amazon's dominant position in e-commerce could be strengthened with more regionalization, and that artificial intelligence products could help boost the market share of Amazon's AWS cloud segment. Read from source...
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# Twitter Has Fired 50% Of Its Employees
Elon Musk, the owner of Twitter, has fired about 50% of Twitter employees. In recent days, many employees have started receiving emails from Twitter HR, which contains the subject line “your role at Twitter.”
This has been the mode of operation since Musk took over Twitter a few weeks ago, sending shockwaves through the company.
According to a report from CNBC, the overall headcount at Twitter has dropped from about 7,500 to around 3,750, a 50% cut.
The company had about 7,500 employees prior to Musk’s takeover and has reduced its workforce by more than half since then.
Musk had initially laid off 50% of Twitter’s workforce, including contract workers, shortly after taking over the company.
This latest round of cuts has come after Musk gave employees until Thursday to decide whether to stay on with the company under his new direction.
Musk had sent an email to all employees on Wednesday, stating that they had to decide whether they would stay at Twitter under his new direction, in which employees would work long hours at high intensity, or leave the company with severance pay.
Musk has made it clear that he wants to change the culture of Twitter and make it more focused on product development and less on office politics.
Musk has also announced plans to transform Twitter into an “everything app”, offering a range of services such as messaging, video, and payment processing.
According to Musk, this will help Twitter become more profitable and compete more effectively with other social media platforms.
Despite Musk’s bold plans, it remains to be seen whether he can successfully transform Twitter and make it more profitable.
Some analysts have expressed concern that Musk’s aggressive cuts could harm Twitter’s ability to maintain its platform and keep up with user demands.
However, Musk has shown no signs of slowing down and is determined to make Twitter into a leading social media platform.
### Fisker Has Plans To Supply Electric Vans To Ford And Amazon
Fisker Inc., an electric vehicle manufacturer, is reportedly in talks with Ford Motor Co. and Amazon.com Inc. to supply electric vans. The company is currently in the process of developing its own electric van, known as the F