The corporate sector has been witnessing remote work for quite some time now and employees now feel reluctant to return to usual office scenarios due to the coronavirus pandemic. Addressing these concerns of employees regarding contracting the virus, several corporations have extended their remote working policy. After Amazon Inc stretched its work from home policy…
Online retail giant Amazon Inc has reportedly told staff whose job can be done from home that they can do so until at least October 2, Reuters reported. Brushing out the timeline on a return to work for many employees, the move is seen as an outcome of the scrutiny the company is facing over…
After the second phase of lockdown came to an end, e-commerce websites in India are now finally get geared up for resuming of business in non-essential items. Although the Ministry of Home Affairs has given a go-ahead for resuming businesses, major Indian cities which makes a huge chunk of their sales, are still under lockdown…
As the government planned to allow certain relaxations in its lockdown advisory after April 20, E-commerce companies were aiming for a renewal of services. But in a surprising move, the government has made a U-turn and revised its order. The government had recently released its lockdown guidelines, which allowed e-commerce companies to operate fully and…
E-commerce giant Amazon was recently ordered to close its warehouses in France until at least early next week. The company has been ordered to limit deliveries to essential goods such as food and medical supplies. According to Reuters reports, in an internal document sent to French unions ahead of a meeting on Wednesday afternoon, Amazon…
The coronavirus pandemic has impacted several jobs globally with nearly 10mn people have filed for unemployment benefits in America alone. The pandemic has forced businesses to close operations and employees have been sent on furloughs for indefinite periods. The International Labour Organization has predicted that globally around 2.5mn jobs would be lost due to the…
Capital Float, a Bengaluru-headquartered non-Banking Finance company, announced it has raised $15 million (about Rs 110 crore) from its existing investors. Ribbit Capital, Amazon, SAIF Partners and Sequoia Capital India participated in the latest round. The company will use the funds to bolster its capital base and expand its lending operations to small and medium…
Amazon, one of the world’s largest online retailers, announced it has pumped in Rs 284 crore in Amazon Retail, the unit which sells grocery and food items on the India marketplace, according to regulatory documents sourced from business intelligence platform Tofler. The current funding is a result of rising demand for grocery and food items…
Amazon Care, the medical care arm for Amazon’s employees, has recently partnered with Bill Gates-backed research program SCAN to pick up and deliver at-home coronavirus test kits in Seattle. As reported first by CNBC, Amazon is going to be working with Seattle Coronavirus Assessment Network, or SCAN, a new research initiative backed in part by…
E-commerce giant Amazon Inc recently announced that it has extended its work-home-home advisory to include employees in New York and New Jersey. The move is aimed at lowering the risk of coronavirus transmission among the employees. In an official statement, the company said, “We continue to work closely with public and private medical experts to…
As the novel coronavirus is spreading rapidly and cost more than 3,000 lives, corporations and organizations around the world are feeling the heat of it. Companies are now facing battles on two ends- sustaining the business and safeguarding employees. The outbreak has now led to the world’s largest work-from-home experiment to take place. Companies like…
Last year came down very hard on businesses due to the global economic slowdown which impacted millions of jobs and closure of several organizations. When the new year began, corporations were hopeful of a steady recovery. But we’re just 61 days in 2020, and the novel Coronavirus outbreak in China has crippled the entire economic…
Jeff Bezos who founded Amazon Inc., which has been often criticized for its damage to the environment, has recently committed $10bn to a new fund to tackle climate change. Announcing the news on Instagram, the e-commerce tycoon said that the Bezos Earth Fund would “fund scientists, activists, NGOs — any effort that offers a real…
Esper, a Seattle-based startup providing DevOps platform for customers that manage fleets of company-owned Android devices, announced that it has raised $7.6 million Series A investment round led by Amazon and Madrona Venture Group. Existing seed investors including Root Ventures, Ubiquity Ventures, Haystack Ventures, and Pathbreaker Ventures also participated in the Series A round. Till…
Amazon recently announced that it has hired streaming and TV veteran Mike Hopkins to lead its video entertainment business like Prime Video and Amazon Studios. Hopkins was earlier working with Sony as Chairman of Sony Pictures Television. His appointment will come in effect from February 24. Hopkins will directly report to the Amazon founder and…