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.

01/06/2026 Logistics Industry Insights
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UPS Reports Q2 Growth Amid Economic Challenges

UPS Reports Q2 Growth Amid Economic Challenges

UPS Q2 2025 earnings report reveals a consolidated revenue of $21.2 billion. The report analyzes the performance and challenges of its three core business segments: U.S. Domestic, International, and Supply Chain Solutions. It also outlines UPS's future strategies, including deepening digital transformation, optimizing global network, strengthening cost control, focusing on brand building, and promoting sustainable development. This demonstrates UPS's determination to maintain its leading position in the global logistics market.

01/08/2026 Logistics
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El Salvadors Aviation Sector Boosts Economic Growth

El Salvadors Aviation Sector Boosts Economic Growth

Peter Cerda highlighted the crucial role of the aviation industry in El Salvador's economy at the IATA Aviation Day event. He emphasized its contributions to GDP, job creation, and tourism promotion. Cerda pointed out El Salvador's significant potential in MRO services and air cargo. He suggested further development of the aviation sector through expanded connectivity, infrastructure investment, and enhanced competitiveness to achieve economic prosperity. This includes leveraging El Salvador's strategic location to become a regional aviation hub, fostering economic growth and attracting foreign investment.

01/15/2026 Logistics Industry Insights
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Global Chamber Federation Outlines Vision for Economic Growth

Global Chamber Federation Outlines Vision for Economic Growth

The World Chambers Federation (WCF) serves as the core of a global chamber network, connecting chambers from nearly every country. By offering diverse services and support, it facilitates global trade and economic development. Additionally, WCF promotes a green economy and sustainable development, opening new strategic opportunities for businesses.

08/05/2025 Logistics
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Kohat Airport Eyes Role in Pakistans Economic Growth

Kohat Airport Eyes Role in Pakistans Economic Growth

Ohtan Airport (OHT), a small airport in Pakistan, is uniquely situated in an important geographical location, providing convenient aviation services for travelers. After registration, travelers can receive the latest flight notifications. Currently, there are no passenger reviews, and there is anticipation for more exploration and experiences.

08/08/2025 Airport Codes
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Terengganus Sultan Mahmud Airport Drives Regional Economic Growth

Terengganus Sultan Mahmud Airport Drives Regional Economic Growth

Sultan Mahmud Airport in Kuala Terengganu is a vital aviation hub in Terengganu, Malaysia. Runway extensions and terminal upgrades have significantly enhanced its service capacity. Primarily serving domestic routes, the airport has experienced substantial growth in both passenger and cargo traffic in recent years. This growth has strongly contributed to the economic development of Terengganu and the airport is poised to play an even greater role in the future. It's a key infrastructure element for the region's connectivity and economic prosperity.

09/26/2025 Airport Codes
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Sentani Airport Boosts Papua's Connectivity and Economic Growth

Sentani Airport Boosts Papua's Connectivity and Economic Growth

Jayapura Sien Valley Airport is an important civil airport located in Jayapura, Papua Province, Indonesia. With an elevation of 88 meters and a runway length of 2,183 meters, it primarily serves domestic passenger and cargo flights. Airlines operating there include Garuda Indonesia and Lion Air, contributing to regional development and communication.

07/29/2025 Airport Codes
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Luxor Airport Boosts Egypt's Tourism and Economic Growth

Luxor Airport Boosts Egypt's Tourism and Economic Growth

Luxor International Airport, located in Luxor, Egypt, offers convenient air travel services with its comprehensive facilities and extensive route network. The airport accommodates over 8 million visitors annually, predominantly serving air transportation to ancient sites. As a key aviation hub, it connects multiple international routes and significantly contributes to local economic growth.

07/29/2025 Logistics
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Leipzig/Halle Airport Drives Eastern Germany’s Economic Growth

Leipzig/Halle Airport Drives Eastern Germany’s Economic Growth

Leipzig/Halle Airport (IATA: LEJ, ICAO: EDDP) is the main civil airport in Eastern Germany, located between Leipzig and Halle. Its history dates back to 1926, featuring two runways accommodating wide-body aircraft and multiple terminals. The airport handles approximately 2.5 million passengers annually and provides cargo services for DHL. Additionally, it is designated for NATO airlift operations, supporting efficient logistics and the operation of domestic and international flight routes.

07/29/2025 Airport Codes
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Cali Airport Boosts Colombia’s Aviation and Economic Growth

Cali Airport Boosts Colombia’s Aviation and Economic Growth

Cali Airport is the second largest airport in Colombia, known for its stable passenger and cargo transport capabilities. As a significant aviation hub, it supports multiple airlines, especially the national carrier Avianca. Its elevation of 964 meters and a 3,000-meter runway ensure round-the-clock operations. The airport plays a crucial role in enhancing regional economy and international connectivity.

07/29/2025 Airport Codes
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