TopTechTrends

AWS takes a hit in latest round of Amazon layoffs

March 20, 2023

When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would be included into today’s round. TechCrunch is hearing that around 10% of today’s total came from AWS. The company would not confirm those numbers instead […]

AWS takes a hit in latest round of Amazon layoffs by Ron Miller originally published on TechCrunch

Flagstar Bank to buy some Signature Bank assets, but not crypto operations

March 20, 2023

Flagstar Bank, a subsidiary of New York Community Bancorp, has signed a takeover agreement with U.S. regulators for some of Signature Bank’s assets and loans. Earlier this month, after Silicon Valley Bank’s customers all tried to withdraw their funds at the same time, Signature Bank was the second victim of a bank run. Both banks […]

Flagstar Bank to buy some Signature Bank assets, but not crypto operations by Romain Dillet originally published on TechCrunch