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Top Internet Retailing News
AmazonAmazon said Wednesday that it would be cutting 16,000 jobs worldwide as part of a restructuring announced in October, when the e-commerce giant had already flagged plans to cut its workforce by 14,000 posts.The jobs cuts are aimed at “reducing layers, increasing ownership, and removing bureaucracy,” senior vice president Beth Galetti said in a statement....See the Story
Amazon Says It Will Cut 16,000 Jobs Worldwide
58% Center coverage: 12 sources
Sam Altman · GermanySHREVEPORT, La. (KTAL/KMSS) - Financial experts are warning that artificial intelligence research company OpenAI could potentially run out of money by mid-2027 due to infrastructure expansion and computing costs. On Jan. 16, the ChatGPT developer announced that ads will begin to roll out on its chatbot in the U.S., something CEO Sam Altman called a [...]See the Story
ChatGPT Developer OpenAI Could Run Out of Money by 2027, Experts Warn
66% Center coverage: 6 sources
Inflation · United KingdomRetail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Total retail sales in discretionary categories (fashion, homewares and lifestyle) grew by just +1.7% in January, compared to the same month last year, according to the latest High Street Sales Tracker from accountancy and business advisory firm BDO. This is significantly below the rate of inflation, reflecti…See the Story
