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Amazon cuts 50 jobs in Israel, ends part of ad unit

Amazon has confirmed it will shut down part of its advertising division in Israel, affecting around 50 employees.

This is part of a global plan to phase out the Amazon Ad Server.

The decision follows Amazon’s announcement to end Amazon Ad Server operations globally by late 2024.

Recent Amazon developments

Timeline
23-Nov-2024 🤖 Amazon to invest additional $4b in Anthropic
  • Amazon invests an additional $4B in Anthropic
  • Total investment in Anthropic reaches $8B
22-Nov-2024 🛒 Amazon faces EU probe for alleged Digital Markets Act breach
  • EU to investigate Amazon’s marketplace practices
  • Potential penalties could reach 10% of global revenue
16-Nov-2024 🛒 Amazon unveils shopping service for items under $20
  • Amazon launches Haul for budget products
  • Mobile-only service promises delivery in 2 weeks
15-Nov-2024 🩺 Amazon launches telehealth for Prime members
  • Amazon launches telehealth for Prime members
  • Service offers virtual consults, expands delivery network
12-Nov-2024 🕶️ Amazon develops smart glasses to assist its delivery drivers
  • Amazon developing smart eyeglasses for drivers
  • Glasses to offer navigation and delivery proof features
12-Nov-2024 🔒 Amazon employee data breach linked to third-party vendor

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