Amazon Cuts Jobs As Economic Growth Slows

Amazon Cuts Jobs As Economic Growth Slows

Amazon plans to lay off approximately 10,000 employees, the largest layoff in the company's history, affecting departments such as smart devices, retail, and human resources. This move aims to address slowing growth and economic recession pressures. In addition to layoffs, Amazon is also freezing hiring, halting expansion, and canceling some projects. The tech industry as a whole faces challenges such as slowing growth and rising costs, and many companies have already announced layoffs.

Global Brands Compete in Booming Mooncake Market

Global Brands Compete in Booming Mooncake Market

Global mooncake brands employ diverse marketing strategies, ranging from traditional approaches to innovative brand crossovers, resulting in fierce competition. The future requires a return to the fundamentals, emphasizing quality, environmental protection, and sustainable development. Brands must focus on crafting authentic experiences and connecting with consumers on a deeper level, while also minimizing their environmental impact and ensuring ethical sourcing of ingredients. This holistic approach will be crucial for long-term success in the evolving mooncake market.

Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood, a well-known cross-border e-commerce seller in Guangzhou, is reportedly requiring employees to take early leave, with only 80% of the minimum wage paid the following month, raising concerns about the survival of cross-border e-commerce. Against the backdrop of a global economic downturn and high inflation, cross-border e-commerce companies face multiple challenges in supply chain and operations, urgently requiring transformation and upgrading. These difficulties highlight the pressures faced by businesses navigating a challenging economic climate and the need for adaptation to ensure long-term sustainability.