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job cuts hit hundreds as tech giant denies AI link","url":"https://stock-news.laohu8.com/highlight/detail?id=2673079941","media":"cityam","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673079941?lang=en_us&edition=fundamental","pubTime":"2026-10-08 18:55","pubTimestamp":1791456913,"startTime":"0","endTime":"0","summary":"Amazon's reductions follow two much larger rounds of redundancies Amazon’s latest round of job cuts will affect hundreds of employees worldwide, City AM understands, as the tech giant continues to restructure its business following nearly 30,000 redundancies.The company confirmed on Wednesday that it was reducing headcount across its Stores division, which oversees its core online retail operations, with employees in the UK, US and India among those affected.While Amazon has not publicly disclosed the scale of the cuts, City AM understands the number of affected employees is in the hundreds, with only a handful impacted within its UK workforce.The company said it had made the “difficult decision” to eliminate a small number of roles and would support affected employees through the transition.The reductions follow two much larger rounds of redundancies, with Amazon cutting around 14,000 corporate jobs in late 2025 and another 16,000 in January.Those cuts spanned several divisions, 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Centers' 'flexible' Power Usage Could Save the Grid Billions. Can They Scale?","url":"https://stock-news.laohu8.com/highlight/detail?id=2673764640","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673764640?lang=en_us&edition=fundamental","pubTime":"2026-10-08 18:43","pubTimestamp":1791456236,"startTime":"0","endTime":"0","summary":"EXPLAINER-Data centers' 'flexible' power usage could save the grid billions. Can they scale?Oct 8 -Technology companies and utilities are increasingly exploring ways to make power-hungry data centers more flexible in when and how they consume electricity, helping ease the strain on US power grids as AI-driven demand surges.The strategy, called \"demand response\", involves data centers temporarily reducing or shifting electricity use during periods of peak demand or grid stress, and is gaining traction as a way to reduce the need for costly grid upgrades and new power generation.It's a tool that states around the US, federal agencies and market operators are increasingly exploring, said Lauren Shwisberg, a principal at energy think tank RMI.WHY DOES DATA CENTER FLEXIBILITY 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Alibaba and Applied Digital Join Finland’s $75B AI Data Center Rush","url":"https://stock-news.laohu8.com/highlight/detail?id=2673761360","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673761360?lang=en_us&edition=fundamental","pubTime":"2026-10-08 18:37","pubTimestamp":1791455837,"startTime":"0","endTime":"0","summary":"Finland’s data center boom is accelerating, with planned and ongoing investments now exceeding €67 billion ($75 billion). 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Takes Delivery of Alibaba Shares After Equity-Linked Note Triggers","url":"https://stock-news.laohu8.com/highlight/detail?id=2673089027","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673089027?lang=en_us&edition=fundamental","pubTime":"2026-10-08 16:39","pubTimestamp":1791448792,"startTime":"0","endTime":"0","summary":"The latest announcement is out from Forgame Holdings Ltd. 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