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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End of separate pressure cooker, air fryer, and electric pot? Ninja Foodi MAX SmartLid combines 15 functions, three cooking modes, and a smart lid to cook, fry, bake, and steam in the same device.

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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?

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Germany installed vertical solar panels on a lake in Bavaria, and the result broke conventional logic: instead of producing energy at midday peak, the plant generates more early in the morning and in the evening, exactly when families turn on appliances and factories are in full swing.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

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It seems like something out of a movie, but it’s real: how technology uses invisible sound waves to extinguish small fires without water, without chemicals, and without destroying household furniture.

Chinese boats accelerate the collapse of fishing in Senegal, cause an annual loss of US$ 300 million, affect 1.3 million people, and help transform West Africa into the epicenter of 40% of the planet’s illegal trawling.

Super airplane Phantom 3500 advances towards its first flight, promising 60% lower fuel consumption, a windowless cabin, operation above 51,000 feet, technology validated by DARPA, and a billion-dollar order of 300 jets before certification.

With an updated oil-bathed belt, the 2026 Chevrolet Onix and Onix Plus arrive with discounts of up to R$ 23,000, fuel consumption of up to 19.7 km/l, a range of 866 km, a 115 hp turbo engine, and a 5-year warranty.