Amazon founder Jeff Bezos will give a large part of his billion dollar wealth to charity

Jeff Bezos, the founder of global e-commerce company Amazon, has told that he is planning to give a large part of his wealth of billions of dollars to charity. Bezos, the world’s fourth-richest person, is estimated to have a net worth of over $124 billion.

In an interview given to a news channel Told That out of his donation, a large amount will be spent on efforts to deal with climate change. Apart from this, they will also give help to such people who are working to unite humanity amidst social and political divisions. Bezos, who resigned as Amazon’s chief executive officer in July last year, has about 10 percent of the company’s total shareholding. Bezos also owns the newspaper Washington Post and aerospace company Blue Origin.

Bezos announced the creation of the Bezos Earth Fund about two years ago. Under this, a grant of about $ 10 billion will be given to scientists and non-governmental organizations helping in the conservation of nature. The information about Bezos giving a large part of the property to charity has come when preparations have been made to lay off about 10,000 workers from Amazon. Earlier, Twitter and Facebook had laid off staff to reduce costs.

In this regard, the New York Times has told in a report that Amazon plans to cut corporate and technology jobs from this week. Last month, the company had put a halt to hiring in its core retail business. Recently, Amazon also stopped hiring related to the corporate segment, including the cloud computing division. Last week, more than 11,000 employees were laid off from Meta, the company that runs Facebook. This is about 13 per cent of the total workforce of the company. This is one of the biggest layoffs at tech companies this year. Meta to cost It is facing difficulties like growth and weakness in advertisements. The business of tech companies grew rapidly during the pandemic and its impact was also seen on their valuations. The valuations of these companies have declined this year due to increase in inflation and interest rates.

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