Market talk: Amazon also started retrenchment by giving pink slips

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Amazon also started layoffs by giving pink slips

After giant companies including Twitter, Facebook, Microsoft, now e-commerce giant Amazon also seems to be laying off employees on a large scale. Jamie Zhang, a software engineer working at Amazon, wrote on LinkedIn that he has been fired.

Zhang didn't give too many details but claimed that the entire robotics team has been given a pink slip. The post caused a stir among Amazon employees. Zhang worked in Amazon's robotics division. 3,766 people work in this division. No explanation has been given as to how many of those employees have been laid off. Amazon's top executive informed all employees last week that new recruitment has been stopped.

Surya's World Cup results, daily earnings of 70 lakhs

Although the Indian cricket team lost in the T20 World Cup, Suryakumar Yadav has won everyone's hearts with his brilliant batting. Due to this, advertisements are raining on Suryakumar Yadav. Around 10 top brands have announced Suryan as their brand ambassador. Surya is starting to shine in advertisements for beverages, mobile accessories, media, sports apparel, casual apparel, education abroad service etc. His posts are also seen more on social media.

Due to this great appearance, Surya's daily fee for working in advertisements has increased from Rs 20 lakh to Rs 70 lakh. Seeing Suryakumar's brilliant appearance, one crore per day will be earned very quickly.

Nirav but Mallya on the way, the lawyer's strange argument

After the London High Court rejected the petition of Nirav Modi, who is absconding from India, the possibility of bringing him back to India has increased. There is currently a discussion about when Nirav will be brought back to India, but there is also a discussion about the argument made by Nirav Modi's lawyer in the London High Court not to hand him over to India. Nirav's lawyer argued in the High Court that Nirav is a victim of depression and may even commit suicide due to the bad condition of Indian prisons. Earlier, Vijay Mallya's lawyer also argued that it is not possible for Malaya to stay in Arthur Road Jail. It was argued that facilities including western toilets should be provided for Malaya. Nirav Modi is also on the way to Malaya.

Modi government will introduce plastic notes instead of paper notes

The Modi government is exploring the possibility of switching to polymer i.e. plastic currency notes instead of paper currency notes in the future. A research paper presented by a think-tank-Council for International Economic Understanding (CIEU) claims that India should become self-sufficient in its own currency if it wants to create a five trillion dollar economy. For that, notes should be made of polymers instead of paper because India is the second largest producer of BOPP films in the world.

At present, India has to import expensive paper from abroad for currency notes. Due to this, the load will be reduced and the polymer knots will last longer. Modi government is interested in this research paper.

Anika Patel was threatened at 5 am

When the top companies in America are suspending the employees, the stories of the employees of these companies are going on on social media. The post of Anika Patel, originally from Gujarati, has gone viral.

Anika Patel, a communications manager at Facebook, was on maternity leave and slept with daughter Amelia. When she woke up at three in the morning to feed her daughter, many of them had messages about being fired. At 4-30 hours, Anika gets a message from her manager that she has been fired. Anika checked her mail but there was nothing. Anika could not sleep as a colleague said that even she would get the email till 7 am. Received an email at 5-35 in the morning that he has also been retrenched from the company.

Residence property....crore deals

People live with the dream of having their own house. Modi government is building large scale houses for economically weak people but middle class and upper middle class buy flats of 50-60 lakhs at town level and pay their installments throughout life. In short, new houses are getting expensive. However, there is a section of the country that spends crores of rupees on building. For example, Dixon Technology MD Sunil Vacchani has bought a 1250 square yard bungalow at Lutyen in Delhi for Rs 170 crore during the lockdown. This was the biggest deal in Delhi in the lockdown. In April 2021, D Mart's Radhakrishna Damani bought a property in South Mumbai's Malabar Hill area for Rs 1,001 crore. It was said to be the biggest residential property deal in the country. In Noida, Godrej Property has put up a two crore scheme of 3 BHK flats.

Samantha's Yashoda was successful before its release

South actress Samantha Ruth Prabhu's Yashoda released on Friday. This Telugu-language thriller is the talk of the town as the film has spent its money even before its release. The film, made with a normal budget of 40 crores, has made a business of 55 crore rupees even before its release. Directed by Hari-Harish i.e. Hari Shankar and Harish Narayan, the digital rights of Yashoda have been sold for Rs 24 crores while the satellite rights have been sold for Rs 13 crores. Apart from this, the film has earned 55 crores by getting 18 crore rupees from different rights. Yashoda is the story of a surrogate mother who fights for her life to save her child.

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