While Multinational Amazon Plans to Lay Off Over 10,000 Employees, Billionaire Owner of the Company Will Make Historic Donation of Over $124 Billion of His Fortune to Charity

Written by Roberta Souza

Published on 18/11/2022 at 08:00

Foto: Reprodução cnnbrasil.com.br

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Jeff Bezos, Founder Of Amazon, Decides To Donate 124 Billion Dollars Over His Lifetime

The founder of the multinational company Amazon, Jeff Bezos, said in an interview with CNN that he plans to donate a large part of his fortune. The billionaire is the second richest person in the world according to Forbes, and intends to make a total donation of 124 million dollars during his life to boost charity campaigns.

According to the article from Olhar Digital, when businessman Jeff Bezos decided not to sign the Giving Pledge, he was widely criticized by the public. This campaign is an alliance between very wealthy people from all over the world who commit to donating part of their wealth to charity.

The billionaire’s largest donation to date would be the promise made in 2020 to direct 10 billion dollars to the Bezos Earth Fund, according to the New York Times. The green campaign would use this investment to address issues such as climate change, which is a consequence of global warming caused by atmospheric pollution.

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The Multinational Company Amazon Plans To Lay Off 10,000 Employees In The Coming Days

While its founder announced that he will donate 124 billion reais to charity, Amazon admitted that it will lay off 10,000 employees starting this week, according to the New York Times. This will be the largest layoff of employees that has ever occurred in the company’s history.

According to CNBC, Amazon’s shares fell by 2.3% at noon on Monday. The drop was 41% for the year and the company is in its worst phase since 2008 in terms of stock performance. Therefore, it is believed that this gradual financial crisis is the main reason why the multinational technology retail giant is making these job cuts.

Which Sector Will Be Most Affected By Amazon’s Large Employee Layoff Created By Jeff Bezos?

According to information from the New York Times, the cuts are expected to hit the divisions related to Alexa technology devices, human resources, and sales. Despite being a large number that shocked the public, these 10 million employees who will be laid off represent only 1% of the company’s global workforce.

While Multinational Amazon Plans to Lay Off Over 10,000 Employees, Billionaire Owner of the Company Will Make Historic Donation of Over $124 Billion of His Fortune to Charity

Jeff Bezos, Founder Of Amazon, Decides To Donate 124 Billion Dollars Over His Lifetime

The Multinational Company Amazon Plans To Lay Off 10,000 Employees In The Coming Days

Which Sector Will Be Most Affected By Amazon’s Large Employee Layoff Created By Jeff Bezos?

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While Multinational Amazon Plans to Lay Off Over 10,000 Employees, Billionaire Owner of the Company Will Make Historic Donation of Over $124 Billion of His Fortune to Charity

Jeff Bezos, Founder Of Amazon, Decides To Donate 124 Billion Dollars Over His Lifetime

The Multinational Company Amazon Plans To Lay Off 10,000 Employees In The Coming Days

Which Sector Will Be Most Affected By Amazon’s Large Employee Layoff Created By Jeff Bezos?

The end of Nokia: the brand that was the cellphone of an entire generation has ended its smartphones, left Brazil, and today survives only in basic phones in India while seeking a new partner.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Consumers eat six times more chicken than in the 1960s, global meat supply quadruples in 60 years, and FAO report reveals the invisible cost on the plate: livestock could drive 80% of the increase in agricultural emissions over the next decade.

Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

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Scientists mixed hydrocarbons with a gold leaf, subjected them to pressure greater than that of the Earth’s mantle and heat above 1,900 °C, and ended up accidentally discovering a new compound of gold and hydrogen.

The daily coffee can hide one of the most unexpected strategies to tackle the climate crisis, combat urban loneliness, and rebuild the human bonds that sustain communities in times of chaos.

While the world opens dry channels and routes between two oceans, Brazil is still discussing the railways it promised decades ago.

Scientists discover a giant crocodile that lived millions of years ago, measuring over 8 meters, which reigned in the rivers of ancient Kenya and could hunt early humans near the water.

After four years under investigation by Cade, Apple indicates that it is willing to negotiate an agreement to enable contactless Pix payments without charges on iPhones, as revealed by Lauro Jardim’s column in the newspaper O Globo in this competition dispute.