Amazon

The Swedish fast-fashion chain H&M is to cut 1,500 jobs across its global operations as part of efforts to save 2bn Swedish Kroner (£158m) a year, amid slowing sales and rising costs for clothing retailers.

The development comes a day after Amazon said that it is shutting down its edtech platform in the country. Globally, the company plans to lay off thousands of employees.The company said that it remains committed to the Indian market and will continue to invest across grocery, smartphones and consumer electronics, fashion and beauty, as well as B2B offerings such as Amazon Business.

In a surprising twist, a man claimed he received a refund cheque of Rs 97 on his order from e-commerce platform Amazon, igniting a wave of hilarious reactions and speculation online.

The massive two-day shopping extravaganza is scheduled for July 23-24, with tonnes of offers across categories available throughout these 48 hours.Amazon Prime Day has become a phenomenon, with Prime members receiving huge discounts, promotions, and offers on smartphones and devices.

This would be Amazon's first public drone delivery, following multiple trials and mission-specific initiatives from corporations such as Walmart Inc, United Parcel Service Inc, and FedEx Corp. The online merchant stated that it was working with the FAA and local officials to get approvals.

Starting next year, Amazon will require employees to work from the office five days a week, ending its hybrid work model. CEO Andy Jassy cited the need for better collaboration and invention as the reason for this shift, despite employee pushback and the success of remote work during the pandemic.

According to the business, over 300 million smart home gadgets are already linked to the Alexa ecosystem. Making modifications like these, as well as providing developers additional access, can help these devices become much more functional.

Bezos, 57, has been on a charitable binge since stepping down as CEO of Amazon.com Inc. in July, donating about $600 million this year, including the newest announcement, which was first reported on Monday by Puck Media.

Amazon earlier announced new round of layoffs that are expected to affect 9,000 employees. The company has already fired over the 18,000 employees in layoffs announced in last November and in January. Layoffs are part of Amazon's plan to cut costs amid falling revenue.

"Virtual Try-On for Shoes" will provide buyers an easy method to see how a pair of shoes will appear on them, resulting in more immersive experiences while shopping for fashion online.