Amazon has announced the closure of its charity donation program, AmazonSmile, after 10 years of operation. The program allowed shoppers to donate a small percentage of eligible purchases to a charity of their choice, and has resulted in $500 million in donations with an average donation of less than $230 per charity. Charities enrolled in the program will receive a one-time donation equivalent to three months of what they would have earned through AmazonSmile. The closure is part of Amazon's cost-cutting strategy, and the company has yet to announce what other initiatives may replace the program.
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Microsoft has announced that it will lay off 10,000 employees over the next eight months as part of cost-cutting measures in response to the global economic slowdown. The affected employees will receive 60 days' notice, health care coverage, stock vesting, and severance pay. Microsoft CEO Satya Nadella said the company is taking steps to weather any economic conditions while investing in its future. The layoffs come as Microsoft continues to invest in new technologies.
Prince Harry’s memoir, “Spare,” has been released to the public, and is already topping bestseller lists. The title of the book is a nod to…
Amazon, one of the world’s largest e-commerce companies, announced Wednesday that it will be cutting over 18,000 jobs. This is a larger number than the…