Amazon will make another massive cut to its workforce, estimated at 16,000 jobs, arguing that it needs to reduce bureaucracy, eliminate layers to strengthen the organization, and concentrate on artificial intelligence.

This reduction in positions at the company is the second since October 2015, when Amazon announced the first layoffs.

However, Beth Galetti, Amazon’s senior vice president of people experience and technology, indicated that “while these adjustments are being implemented, we will continue to hire and invest in strategic areas and functions crucial to our future. We are still in the early stages of developing each of our businesses and have great potential ahead.”

Amazon will focus on AI as one of the main features of the increasingly changing business world.

M.Pino

Source: bolsamania

(Reference image source: Daniel Nyoka on Unsplash)

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Recent data from the National Association of Cocoa Producers places Venezuela’s production at 16,000 tons annually, of which the country allocates 50 % for export and the remainder to the domestic industry.

The president of Asoprocave, Vicente Petit, director of this association in the North Central Coastal Region, confirmed this information and added that in recent years the activity has been affected by the quality of the product, emphasizing that it is not the quality of the bean but rather “its presentation that has impacted the price received by producers.”

Petit explained that large chocolate companies are operating at only 50 % of their installed capacity. Meanwhile, most artisans “obtain their raw materials from derivatives produced by the domestic industry.”

M.Pino

Source: diariocontraste

(Reference image source: Felicitas Fragueiro on Unsplash)

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The Government of Colombia, unions and employers have agreed on Thursday an agreement to increase the minimum wage by 16 % in the next year 2023, up to 1,160,000 Colombian pesos (227.6 euros).

The tripartite agreement took place on the last possible day for the negotiations to come to fruition. The President of the Government of Colombia, Gustavo Petro, has been in charge of making this announcement, emphasizing that it represents a “recovery of purchasing power”.

“This increase will allow us to boost domestic demand among the most vulnerable sectors. I am convinced that this agreement will make the economy grow beyond the not very optimistic forecast of international organizations, thanks to the reactivation of domestic consumption,” he stressed.

For his part, the president of the Unitary Confederation of Workers (CUT, the country’s main union), Francisco Mlastés, has highlighted the importance of dialogue to reach agreements. “Colombians will be able to improve their purchasing power next year thanks to collective bargaining,” he stated.

In turn, the president of the Colombian Association of Micro, Small and Medium Enterprises (Acopi), Rosemy Quintero, celebrated the achievement of this agreement in a Twitter video, although she recalled that SMEs need support, as they are the companies with a higher concentration of minimum wages.

Source: dpa

(Photo: forbes.es, via web)

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