Spain’s High Court clears Shakira of tax fraud and overturns multi-million euro penalty
Spain’s High Court has cleared Colombian pop star Shakira of tax fraud and annulled a €55 million ($64 million) penalty imposed by Spani...
Amazon says it will cut 16,000 corporate jobs, completing a plan to shed around 30,000 positions since October, as the company restructures and increases its use of artificial intelligence.
The layoffs affect nearly 10% of Amazon’s corporate workforce and mark the largest job cuts in the company’s history. Most of Amazon’s 1.58 million employees work in fulfilment centres and warehouses.
The company says the cuts are aimed at reducing management layers, cutting bureaucracy and increasing ownership across teams. Amazon’s top human resources executive Beth Galetti said some teams may still make further adjustments. Most U.S.-based employees whose roles are affected will be given 90 days to look for another job inside the company. Timing may vary in other countries depending on local labour rules.
Amazon has also announced it is closing its remaining Fresh grocery stores and Go markets and is dropping its Amazon One palm-scan payment system after years of investment.
The move comes as CEO Andy Jassy pushes to abandon underperforming businesses and streamline operations. He has said wider use of generative AI and internal AI agents will change how work is done across Amazon. Jassy has warned the company will need fewer people in some roles and more in others as efficiency gains from AI grow, and that overall corporate headcount is likely to fall in the coming years.
The latest round follows 14,000 job cuts announced in October, which Amazon linked to the growing role of AI and concerns about corporate culture.
Amazon also mistakenly sent an internal email referencing the layoffs as “Project Dawn” to some Amazon Web Services staff, unsettling thousands of employees. Workers across AWS, Alexa, Prime Video, devices, advertising and last-mile delivery teams say they have been affected.
Amazon has been cutting costs so it can invest more heavily in AI and in the rapid expansion of data centres. The company has said capital spending is expected to reach about $125 billion in 2026.
Shares in Amazon were up slightly in pre-market trading.
Bulgaria has won the Eurovision Song Contest for the first time, taking victory in a final overshadowed by a boycott over Israel’s participation and the war in Gaza.
At least eight people were injured after a driver rammed a car into pedestrians in the northern Italian city of Modena, authorities said on Saturday. Four of the victims were reported to be in serious condition.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
At least eight people have died and 32 others were injured after a freight train collided with a public bus at a railway crossing in Bangkok on Saturday (16 May), triggering a fire that quickly spread through the vehicle.
U.S. President Donald Trump says China's Xi Jinping agreed Iran must reopen the Strait of Hormuz, as Tehran prepares a new shipping mechanism. Tensions over the U.S. blockade and stalled nuclear talks continue to disrupt global oil supplies.
Israeli military strikes across Gaza killed at least eight Palestinians on Sunday, according to local health officials, as the Israel Defense Forces intensified operations targeting Hamas commanders and infrastructure across the enclave.
The World Urban Forum (WUF13) continues in Baku, Azerbaijan on 18 May, addressing the global housing crisis. The day’s agenda includes the official opening press conference, the WUF13 Urban Expo opening and a ministerial dialogue on the Nairobi Declaration to advance Africa's urban agenda.
A 5.2 magnitude earthquake struck China’s Guangxi region early on Monday, killing two people and forcing more than 7,000 residents in Liuzhou to evacuate as rescue efforts continued.
Russia carried out overnight drone strikes, air raids and shelling across Ukraine, hitting cities including Odesa and Dnipro, killing one person and injuring more than 30, according to Ukrainian officials on Monday (18 May).
Iran and Pakistan reviewed bilateral ties and the latest developments in the stalled Iran-U.S. peace negotiations mediated by Islamabad, as Tehran and Washington continue to refuse tangible concessions amid a fragile ceasefire and escalating verbal threats.
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